Barrett & Company Inc. Acquires 600 Shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Barrett & Company Inc. increased its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 22.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,294 shares of the company’s stock after purchasing an additional 600 shares during the period. Barrett & Company Inc.’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $134,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of PRF. Montz Harcus Wealth Management LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF by 2.3% during the 3rd quarter. Montz Harcus Wealth Management LLC now owns 268,020 shares of the company’s stock valued at $10,890,000 after purchasing an additional 6,034 shares during the period. OMNI 360 Wealth Inc. increased its position in Invesco FTSE RAFI US 1000 ETF by 2.7% during the third quarter. OMNI 360 Wealth Inc. now owns 37,642 shares of the company’s stock worth $1,529,000 after acquiring an additional 972 shares during the period. Essex Financial Services Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF by 9.4% during the 3rd quarter. Essex Financial Services Inc. now owns 171,699 shares of the company’s stock valued at $7,035,000 after purchasing an additional 14,796 shares during the last quarter. Bristlecone Advisors LLC bought a new stake in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at $45,000. Finally, Allworth Financial LP grew its position in Invesco FTSE RAFI US 1000 ETF by 7.0% in the 3rd quarter. Allworth Financial LP now owns 349,756 shares of the company’s stock worth $14,211,000 after purchasing an additional 22,775 shares during the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Shares of PRF traded up $0.29 during trading hours on Monday, reaching $40.86. 43,997 shares of the company traded hands, compared to its average volume of 377,884. The stock’s fifty day moving average is $40.21 and its 200 day moving average is $38.80. Invesco FTSE RAFI US 1000 ETF has a 1-year low of $30.50 and a 1-year high of $41.42. The stock has a market cap of $7.53 billion, a P/E ratio of 3.61 and a beta of 0.85.

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.