Invesco RAFI US 1000 ETF $PRF Shares Newly Purchased by Revolve Wealth Partners LLC

Revolve Wealth Partners LLC purchased a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the third quarter, according to the company in its most recent filing with the SEC. The firm purchased 11,779 shares of the company’s stock, valued at approximately $641,000.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Bank of America Corp DE boosted its holdings in Invesco RAFI US 1000 ETF by 0.8% during the first quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock worth $527,719,000 after buying an additional 92,636 shares in the last quarter. D.A. Davidson & CO. increased its holdings in Invesco RAFI US 1000 ETF by 2.6% in the first quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock valued at $100,254,000 after buying an additional 53,433 shares in the last quarter. Royal Bank of Canada increased its holdings in Invesco RAFI US 1000 ETF by 2.9% in the first quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock valued at $58,607,000 after buying an additional 34,227 shares in the last quarter. Cetera Investment Advisers increased its holdings in Invesco RAFI US 1000 ETF by 2.5% in the first quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock valued at $45,100,000 after buying an additional 22,749 shares in the last quarter. Finally, Garrett Wealth Advisory Group LLC purchased a new position in Invesco RAFI US 1000 ETF in the third quarter valued at about $43,726,000.

Invesco RAFI US 1000 ETF Stock Performance

PRF stock opened at $56.05 on Monday. The firm has a 50 day moving average of $55.72 and a 200-day moving average of $54.12. Invesco RAFI US 1000 ETF has a 12-month low of $44.47 and a 12-month high of $56.65. The company has a market cap of $10.08 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88.

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.