Sovran Advisors LLC Makes New Investment in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Sovran Advisors LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the 4th quarter, Holdings Channel.com reports. The fund acquired 13,252 shares of the company’s stock, valued at approximately $537,000.

Other institutional investors have also recently modified their holdings of the company. BNP Paribas Financial Markets bought a new position in Invesco FTSE RAFI US 1000 ETF in the third quarter valued at approximately $27,000. Bristlecone Advisors LLC bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at $45,000. Coston McIsaac & Partners raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 31.1% during the 3rd quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after buying an additional 350 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter worth $90,000. Finally, Provident Wealth Management LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth $97,000.

Invesco FTSE RAFI US 1000 ETF Stock Down 0.5 %

Invesco FTSE RAFI US 1000 ETF stock opened at $41.91 on Thursday. The stock has a market cap of $7.73 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $35.48 and a 12-month high of $43.01. The business’s 50-day moving average price is $41.35 and its two-hundred day moving average price is $40.74.

Invesco FTSE 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.