Invesco RAFI US 1000 ETF $PRF Shares Newly Acquired by Confluence Wealth Services Inc.

Confluence Wealth Services Inc. bought a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 11,313 shares of the company’s stock, valued at approximately $616,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Principle Wealth Partners LLC purchased a new position in Invesco RAFI US 1000 ETF in the 3rd quarter worth approximately $1,664,000. Garrett Wealth Advisory Group LLC acquired a new position in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth approximately $43,726,000. SC&H Financial Advisors Inc. acquired a new position in Invesco RAFI US 1000 ETF during the third quarter worth $671,000. Summit Place Financial Advisors LLC purchased a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter valued at $1,089,000. Finally, Williams & Novak LLC grew its holdings in Invesco RAFI US 1000 ETF by 384.6% in the 2nd quarter. Williams & Novak LLC now owns 28,618 shares of the company’s stock valued at $1,546,000 after buying an additional 22,713 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Down 0.4%

Shares of PRF stock opened at $56.54 on Friday. Invesco RAFI US 1000 ETF has a twelve month low of $44.47 and a twelve month high of $57.29. The company’s 50-day moving average price is $55.75 and its 200-day moving average price is $52.96. The stock has a market cap of $10.17 billion, a price-to-earnings ratio of 18.92 and a beta of 0.88.

About Invesco RAFI US 1000 ETF

The Invesco FTSE RAFI US 1000 ETF (PRF) is an exchange-traded fund that is based on the FTSE RAFI US 1000 index. The fund tracks an index of 1,000 of the largest US companies that are selected and weighted using fundamental metrics. PRF was launched on Dec 19, 2005 and is managed by Invesco.