Stonebridge Financial Group LLC Buys New Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Stonebridge Financial Group LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the fourth quarter, according to its most recent disclosure with the SEC. The firm purchased 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 position. Stonebridge Financial Group LLC owned approximately 0.18% of Invesco FTSE RAFI US 1000 ETF at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in PRF. BNP Paribas Financial Markets acquired a new position in Invesco FTSE RAFI US 1000 ETF during the 3rd quarter worth $27,000. Bristlecone Advisors LLC bought a new position in shares of Invesco FTSE RAFI US 1000 ETF during the third quarter worth about $45,000. Coston McIsaac & Partners grew its stake in Invesco FTSE RAFI US 1000 ETF by 31.1% in the third quarter. Coston McIsaac & Partners now owns 1,475 shares of the company’s stock worth $59,000 after purchasing an additional 350 shares in the last quarter. Decker Retirement Planning Inc. bought a new stake in Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at about $90,000. Finally, Provident Wealth Management LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at approximately $97,000.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.3 %

NYSEARCA:PRF opened at $41.95 on Tuesday. The company has a market cap of $7.74 billion, a PE ratio of 3.61 and a beta of 0.85. The business’s 50 day moving average is $41.37 and its two-hundred day moving average is $40.72. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $35.48 and a 52 week high of $43.01.

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.