Elevation Point Wealth Partners LLC Invests $929,000 in Invesco RAFI US 1000 ETF $PRF

Elevation Point Wealth Partners LLC bought a new position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 21,988 shares of the company’s stock, valued at approximately $929,000.

Other institutional investors and hedge funds also recently modified their holdings of the company. Laurel Wealth Advisors LLC boosted its position in shares of Invesco RAFI US 1000 ETF by 4,246.5% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,730,360 shares of the company’s stock valued at $157,682,000 after purchasing an additional 3,644,535 shares during the period. Exchange Traded Concepts LLC purchased a new stake in Invesco RAFI US 1000 ETF during the second quarter valued at about $51,585,000. AlphaCore Capital LLC boosted its holdings in shares of Invesco RAFI US 1000 ETF by 30,898.8% in the second quarter. AlphaCore Capital LLC now owns 905,165 shares of the company’s stock worth $38,261,000 after buying an additional 902,245 shares during the period. Charles Schwab Investment Management Inc. increased its position in shares of Invesco RAFI US 1000 ETF by 3.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 24,407,637 shares of the company’s stock worth $986,313,000 after acquiring an additional 887,580 shares in the last quarter. Finally, Charter Capital Management LLC DE acquired a new stake in shares of Invesco RAFI US 1000 ETF during the second quarter valued at approximately $23,683,000.

Invesco RAFI US 1000 ETF Stock Performance

Shares of NYSEARCA:PRF opened at $46.56 on Friday. The firm has a 50 day simple moving average of $45.45 and a 200 day simple moving average of $43.58. Invesco RAFI US 1000 ETF has a 52 week low of $34.98 and a 52 week high of $46.71. The company has a market cap of $8.45 billion, a PE ratio of 17.96 and a beta of 0.92.

About Invesco RAFI US 1000 ETF

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.