Ted Buchan & Co Acquires New Holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Ted Buchan & Co purchased a new stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 345,263 shares of the company’s stock, valued at approximately $13,102,000. Invesco FTSE RAFI US 1000 ETF accounts for approximately 7.0% of Ted Buchan & Co’s portfolio, making the stock its 2nd biggest position. Ted Buchan & Co owned approximately 0.19% of Invesco FTSE RAFI US 1000 ETF as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. EP Wealth Advisors LLC increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 72.8% during the second quarter. EP Wealth Advisors LLC now owns 23,672 shares of the company’s stock worth $898,000 after buying an additional 9,976 shares during the period. Traction Financial Partners LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF in the second quarter worth $210,000. Northwestern Mutual Wealth Management Co. grew its holdings in Invesco FTSE RAFI US 1000 ETF by 1.3% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 1,875,442 shares of the company’s stock worth $71,173,000 after purchasing an additional 23,345 shares during the period. SkyView Investment Advisors LLC grew its holdings in Invesco FTSE RAFI US 1000 ETF by 5.2% in the second quarter. SkyView Investment Advisors LLC now owns 19,415 shares of the company’s stock worth $737,000 after purchasing an additional 955 shares during the period. Finally, Trinity Legacy Partners LLC grew its holdings in Invesco FTSE RAFI US 1000 ETF by 1.8% in the second quarter. Trinity Legacy Partners LLC now owns 185,515 shares of the company’s stock worth $7,040,000 after purchasing an additional 3,213 shares during the period.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.3 %

NYSEARCA:PRF opened at $40.63 on Tuesday. The stock has a market capitalization of $7.49 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The firm has a fifty day simple moving average of $39.39 and a two-hundred day simple moving average of $38.42. Invesco FTSE RAFI US 1000 ETF has a 12 month low of $30.29 and a 12 month high of $40.72.

About Invesco FTSE 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.