Invesco RAFI US 1000 ETF $PRF Shares Purchased by Montz Harcus Wealth Management LLC

Montz Harcus Wealth Management LLC grew its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.7% during the third quarter, Holdings Channel reports. The firm owned 354,137 shares of the company’s stock after acquiring an additional 9,387 shares during the period. Invesco RAFI US 1000 ETF makes up approximately 7.5% of Montz Harcus Wealth Management LLC’s portfolio, making the stock its 2nd largest position. Montz Harcus Wealth Management LLC’s holdings in Invesco RAFI US 1000 ETF were worth $19,276,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Williams & Novak Wealth Management LLC grew its position in Invesco RAFI US 1000 ETF by 24.0% during the 3rd quarter. Williams & Novak Wealth Management LLC now owns 35,499 shares of the company’s stock worth $1,932,000 after purchasing an additional 6,881 shares during the period. Wedmont Private Capital acquired a new position in shares of Invesco RAFI US 1000 ETF during the 3rd quarter worth approximately $551,000. Intelligence Driven Advisers LLC purchased a new position in Invesco RAFI US 1000 ETF during the third quarter valued at $7,160,000. Graves Light Lenhart Wealth Inc. purchased a new position in Invesco RAFI US 1000 ETF in the 3rd quarter valued at about $254,000. Finally, Market Street Wealth Management Advisors LLC acquired a new stake in Invesco RAFI US 1000 ETF in the 3rd quarter worth about $5,843,000.

Invesco RAFI US 1000 ETF Trading Up 0.3%

NYSEARCA:PRF opened at $55.54 on Friday. The stock has a 50 day moving average of $55.71 and a two-hundred day moving average of $53.48. Invesco RAFI US 1000 ETF has a 12 month low of $44.11 and a 12 month high of $56.65. The firm has a market cap of $9.99 billion, a P/E ratio of 17.96 and a beta of 0.88.

Invesco RAFI US 1000 ETF Profile

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.