Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Reaches New 52-Week High at $40.70

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)’s stock price hit a new 52-week high on Friday . The company traded as high as $40.70 and last traded at $40.65, with a volume of 122748 shares traded. The stock had previously closed at $40.35.

Invesco FTSE RAFI US 1000 ETF Trading Up 0.4 %

The stock has a market cap of $7.47 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. The stock’s 50 day moving average is $39.36 and its two-hundred day moving average is $38.39.

Hedge Funds Weigh In On Invesco FTSE RAFI US 1000 ETF

A number of large investors have recently bought and sold shares of PRF. Fortis Group Advisors LLC increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 100.0% in the 4th quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after purchasing an additional 360 shares in the last quarter. Clearstead Trust LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 1st quarter valued at about $25,000. Strategic Financial Concepts LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 2nd quarter valued at about $26,000. Ashton Thomas Private Wealth LLC purchased a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 2nd quarter valued at about $26,000. Finally, Financial Synergies Wealth Advisors Inc. increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 510.7% in the 1st quarter. Financial Synergies Wealth Advisors Inc. now owns 910 shares of the company’s stock valued at $35,000 after purchasing an additional 761 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Company 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.