Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Hits New 52-Week High at $39.78

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $39.78 and last traded at $39.68, with a volume of 157248 shares traded. The stock had previously closed at $39.66.

Invesco FTSE RAFI US 1000 ETF Price Performance

The company has a 50 day simple moving average of $38.10 and a 200-day simple moving average of $37.14. The firm has a market cap of $7.32 billion, a PE ratio of 3.61 and a beta of 0.85.

Hedge Funds Weigh In On Invesco FTSE RAFI US 1000 ETF

A number of institutional investors have recently added to or reduced their stakes in PRF. GPS Wealth Strategies Group LLC boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 9.0% during the second quarter. GPS Wealth Strategies Group LLC now owns 3,580 shares of the company’s stock valued at $136,000 after buying an additional 297 shares during the last quarter. EverSource Wealth Advisors LLC boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 12.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,668 shares of the company’s stock valued at $94,000 after buying an additional 300 shares during the last quarter. CWM LLC boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 1.3% during the second quarter. CWM LLC now owns 24,370 shares of the company’s stock valued at $925,000 after buying an additional 321 shares during the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 18.6% during the first quarter. Benjamin F. Edwards & Company Inc. now owns 2,070 shares of the company’s stock valued at $80,000 after buying an additional 325 shares during the last quarter. Finally, Fortis Group Advisors LLC boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 100.0% during the fourth quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after buying an additional 360 shares during 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.