Saxon Interests Inc. Has $23.94 Million Stake in Invesco RAFI US 1000 ETF $PRF

Saxon Interests Inc. trimmed its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 2.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 503,630 shares of the company’s stock after selling 12,085 shares during the quarter. Invesco RAFI US 1000 ETF accounts for approximately 8.2% of Saxon Interests Inc.’s investment portfolio, making the stock its largest position. Saxon Interests Inc. owned 0.27% of Invesco RAFI US 1000 ETF worth $23,938,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Revolve Wealth Partners LLC bought a new position in Invesco RAFI US 1000 ETF during the 4th quarter valued at about $469,000. AQR Capital Management LLC purchased a new position in shares of Invesco RAFI US 1000 ETF during the first quarter valued at approximately $1,316,000. Goldman Sachs Group Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF during the first quarter valued at approximately $911,000. Franklin Resources Inc. bought a new position in shares of Invesco RAFI US 1000 ETF during the second quarter valued at approximately $101,000. Finally, Qube Research & Technologies Ltd grew its stake in shares of Invesco RAFI US 1000 ETF by 237,600.0% during the second quarter. Qube Research & Technologies Ltd now owns 11,885 shares of the company’s stock valued at $502,000 after buying an additional 11,880 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA PRF opened at $54.35 on Wednesday. Invesco RAFI US 1000 ETF has a fifty-two week low of $41.83 and a fifty-two week high of $54.65. The company has a market cap of $9.74 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. The business’s 50 day moving average price is $53.20 and its 200-day moving average price is $50.23.

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.