RMG Wealth Management LLC Invests $110,000 in Invesco RAFI US 1000 ETF $PRF

RMG Wealth Management LLC bought a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the second quarter, Holdings Channel reports. The firm bought 2,573 shares of the company’s stock, valued at approximately $110,000.

A number of other institutional investors have also modified their holdings of the company. Iowa State Bank purchased a new stake in shares of Invesco RAFI US 1000 ETF during the 2nd quarter worth about $201,000. Appleton Partners Inc. MA purchased a new stake in shares of Invesco RAFI US 1000 ETF during the 2nd quarter worth about $205,000. Valeo Financial Advisors LLC boosted its holdings in Invesco RAFI US 1000 ETF by 4.9% in the 2nd quarter. Valeo Financial Advisors LLC now owns 7,229 shares of the company’s stock worth $306,000 after acquiring an additional 340 shares during the period. Three Bridge Wealth Advisors LLC boosted its holdings in Invesco RAFI US 1000 ETF by 84.1% in the 2nd quarter. Three Bridge Wealth Advisors LLC now owns 120,917 shares of the company’s stock worth $5,111,000 after acquiring an additional 55,226 shares during the period. Finally, QRG Capital Management Inc. purchased a new position in Invesco RAFI US 1000 ETF in the 2nd quarter worth approximately $273,000.

Invesco RAFI US 1000 ETF Stock Up 0.1%

NYSEARCA PRF opened at $45.61 on Tuesday. The stock has a market cap of $8.30 billion, a PE ratio of 17.96 and a beta of 1.00. Invesco RAFI US 1000 ETF has a fifty-two week low of $34.98 and a fifty-two week high of $45.79. The business has a 50 day moving average price of $44.16 and a two-hundred day moving average price of $41.81.

Invesco 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.