Breakwater Capital Group Has $23.07 Million Stock Position in Invesco RAFI US 1000 ETF $PRF

Breakwater Capital Group raised its stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.7% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 510,273 shares of the company’s stock after buying an additional 13,238 shares during the period. Invesco RAFI US 1000 ETF comprises 3.4% of Breakwater Capital Group’s holdings, making the stock its 2nd biggest holding. Breakwater Capital Group owned about 0.28% of Invesco RAFI US 1000 ETF worth $23,069,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also modified their holdings of the company. Burt Wealth Advisors raised its stake in shares of Invesco RAFI US 1000 ETF by 2.8% during the third quarter. Burt Wealth Advisors now owns 36,838 shares of the company’s stock valued at $1,665,000 after acquiring an additional 1,000 shares in the last quarter. Signature Estate & Investment Advisors LLC bought a new position in Invesco RAFI US 1000 ETF in the third quarter worth approximately $315,000. Smartleaf Asset Management LLC increased its holdings in Invesco RAFI US 1000 ETF by 387.0% during the 3rd quarter. Smartleaf Asset Management LLC now owns 4,096 shares of the company’s stock worth $185,000 after purchasing an additional 3,255 shares during the period. Virtus Family Office LLC raised its position in Invesco RAFI US 1000 ETF by 67.7% during the 3rd quarter. Virtus Family Office LLC now owns 27,716 shares of the company’s stock valued at $1,253,000 after purchasing an additional 11,191 shares in the last quarter. Finally, Linscomb Wealth Inc. raised its position in Invesco RAFI US 1000 ETF by 2.1% during the 3rd quarter. Linscomb Wealth Inc. now owns 2,124,133 shares of the company’s stock valued at $96,032,000 after purchasing an additional 43,451 shares in the last quarter.

Invesco RAFI US 1000 ETF Trading Up 1.8%

Shares of PRF stock opened at $50.00 on Monday. Invesco RAFI US 1000 ETF has a twelve month low of $34.98 and a twelve month high of $50.07. The stock has a fifty day simple moving average of $47.86 and a two-hundred day simple moving average of $45.83. The stock has a market capitalization of $9.11 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92.

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.