Navigate Wealth Management LLC Takes Position in Invesco RAFI US 1000 ETF $PRF

Navigate Wealth Management LLC acquired a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 38,540 shares of the company’s stock, valued at approximately $1,946,000. Invesco RAFI US 1000 ETF makes up approximately 1.4% of Navigate Wealth Management LLC’s portfolio, making the stock its 18th biggest position.

A number of other hedge funds also recently added to or reduced their stakes in the business. Bank of Montreal Can grew its holdings in Invesco RAFI US 1000 ETF by 1.3% during the 4th quarter. Bank of Montreal Can now owns 17,987 shares of the company’s stock worth $844,000 after acquiring an additional 231 shares in the last quarter. HB Wealth Management LLC raised its holdings in shares of Invesco RAFI US 1000 ETF by 0.7% in the 1st quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock valued at $1,711,000 after purchasing an additional 241 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its holdings in shares of Invesco RAFI US 1000 ETF by 5.2% in the 1st quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock valued at $237,000 after purchasing an additional 245 shares in the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 3.7% in the 4th quarter. Kestra Private Wealth Services LLC now owns 8,380 shares of the company’s stock worth $393,000 after purchasing an additional 299 shares during the period. Finally, MCF Advisors LLC lifted its position in shares of Invesco RAFI US 1000 ETF by 74.6% in the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock worth $33,000 after purchasing an additional 300 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA PRF opened at $54.48 on Monday. The firm’s 50 day moving average price is $53.39 and its 200-day moving average price is $50.38. Invesco RAFI US 1000 ETF has a 52-week low of $41.83 and a 52-week high of $54.65. The company has a market cap of $9.77 billion, a PE ratio of 17.96 and a beta of 0.87.

About Invesco RAFI US 1000 ETF

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.