Stonebridge Financial Group LLC bought a new position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) during the 4th quarter, Holdings Channel.com reports. The institutional investor bought 327,749 shares of the company’s stock, valued at approximately $13,221,000. Invesco FTSE RAFI US 1000 ETF makes up 1.5% of Stonebridge Financial Group LLC’s investment portfolio, making the stock its 17th largest holding.
Other hedge funds also recently added to or reduced their stakes in the company. BNP Paribas Financial Markets bought a new position in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter worth about $27,000. Bristlecone Advisors LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter valued at about $45,000. Coston McIsaac & Partners grew its position in Invesco FTSE RAFI US 1000 ETF by 31.1% in the 3rd quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after purchasing an additional 350 shares during the last quarter. Decker Retirement Planning Inc. acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at approximately $90,000. Finally, Provident Wealth Management LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $97,000.
Invesco FTSE RAFI US 1000 ETF Trading Up 0.3 %
Shares of NYSEARCA PRF opened at $41.95 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $35.48 and a 12-month high of $43.01. The company has a market cap of $7.74 billion, a PE ratio of 3.61 and a beta of 0.85. The stock has a 50 day simple moving average of $41.37 and a 200-day simple moving average of $40.72.
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.
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Want to see what other hedge funds are holding PRF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF – Free Report).
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