Independent Advisor Alliance Purchases Shares of 97,720 Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Independent Advisor Alliance acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) during the 4th quarter, Holdings Channel reports. The fund acquired 97,720 shares of the company’s stock, valued at approximately $3,942,000.

A number of other hedge funds and other institutional investors have also recently modified their holdings of PRF. Larson Financial Group LLC lifted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 104.4% during the 4th quarter. Larson Financial Group LLC now owns 230,708 shares of the company’s stock worth $9,307,000 after acquiring an additional 117,811 shares during the last quarter. Freestone Capital Holdings LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the fourth quarter worth $255,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $54,765,000. Boulder Wealth Advisors LLC boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 28.3% during the fourth quarter. Boulder Wealth Advisors LLC now owns 469,184 shares of the company’s stock valued at $18,927,000 after purchasing an additional 103,379 shares during the period. Finally, Keybank National Association OH bought a new position in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter worth about $317,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Invesco FTSE RAFI US 1000 ETF stock opened at $39.81 on Wednesday. The company has a market capitalization of $7.33 billion, a PE ratio of 17.95 and a beta of 0.99. The company has a 50 day moving average price of $41.49 and a 200-day moving average price of $41.13. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $36.36 and a fifty-two week high of $43.01.

Invesco FTSE RAFI US 1000 ETF Company 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.