Garrett Wealth Advisory Group LLC Buys 13,356 Shares of Invesco RAFI US 1000 ETF $PRF

Garrett Wealth Advisory Group LLC boosted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 1.7% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 789,237 shares of the company’s stock after acquiring an additional 13,356 shares during the quarter. Invesco RAFI US 1000 ETF makes up approximately 7.0% of Garrett Wealth Advisory Group LLC’s holdings, making the stock its 4th biggest holding. Garrett Wealth Advisory Group LLC’s holdings in Invesco RAFI US 1000 ETF were worth $35,681,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PRF. Bank of America Corp DE raised its stake in shares of Invesco RAFI US 1000 ETF by 1.6% in the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after acquiring an additional 184,757 shares during the last quarter. Ameriprise Financial Inc. grew its stake in shares of Invesco RAFI US 1000 ETF by 4.7% during the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock valued at $310,447,000 after purchasing an additional 332,315 shares during the last quarter. Laurel Wealth Advisors LLC grew its stake in shares of Invesco RAFI US 1000 ETF by 4,246.5% during the second quarter. Laurel Wealth Advisors LLC now owns 3,730,360 shares of the company’s stock valued at $157,682,000 after purchasing an additional 3,644,535 shares during the last quarter. Invesco Ltd. increased its holdings in shares of Invesco RAFI US 1000 ETF by 0.6% in the second quarter. Invesco Ltd. now owns 3,186,528 shares of the company’s stock valued at $134,695,000 after purchasing an additional 18,381 shares in the last quarter. Finally, Commonwealth Equity Services LLC increased its holdings in shares of Invesco RAFI US 1000 ETF by 1.9% in the third quarter. Commonwealth Equity Services LLC now owns 2,863,825 shares of the company’s stock valued at $129,474,000 after purchasing an additional 53,182 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

PRF stock opened at $48.21 on Wednesday. The company has a 50 day moving average price of $48.94 and a 200 day moving average price of $46.93. Invesco RAFI US 1000 ETF has a fifty-two week low of $34.98 and a fifty-two week high of $50.31. The stock has a market capitalization of $8.79 billion, a PE ratio of 17.96 and a beta of 0.92.

Invesco 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.