Rodgers & Associates LTD Makes New Investment in Invesco RAFI US 1000 ETF $PRF

Rodgers & Associates LTD acquired a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 219,096 shares of the company’s stock, valued at approximately $11,925,000. Invesco RAFI US 1000 ETF accounts for about 1.1% of Rodgers & Associates LTD’s holdings, making the stock its 25th biggest position. Rodgers & Associates LTD owned about 0.12% of Invesco RAFI US 1000 ETF at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the company. HB Wealth Management LLC boosted its holdings in Invesco RAFI US 1000 ETF by 0.7% during the first quarter. HB Wealth Management LLC now owns 35,994 shares of the company’s stock worth $1,711,000 after buying an additional 241 shares in the last quarter. Ferguson Wellman Capital Management Inc. raised its position in shares of Invesco RAFI US 1000 ETF by 5.2% during the first quarter. Ferguson Wellman Capital Management Inc. now owns 4,990 shares of the company’s stock worth $237,000 after purchasing an additional 245 shares during the period. Novare Capital Management LLC raised its position in shares of Invesco RAFI US 1000 ETF by 1.2% during the first quarter. Novare Capital Management LLC now owns 37,268 shares of the company’s stock worth $1,771,000 after purchasing an additional 442 shares during the period. IFP Advisors Inc raised its position in shares of Invesco RAFI US 1000 ETF by 1.9% during the second quarter. IFP Advisors Inc now owns 24,302 shares of the company’s stock worth $1,313,000 after purchasing an additional 442 shares during the period. Finally, KWB Wealth lifted its holdings in shares of Invesco RAFI US 1000 ETF by 0.6% during the third quarter. KWB Wealth now owns 70,078 shares of the company’s stock valued at $3,814,000 after purchasing an additional 450 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.8%

Shares of NYSEARCA PRF opened at $56.26 on Wednesday. Invesco RAFI US 1000 ETF has a 12 month low of $44.47 and a 12 month high of $56.65. The company has a market cap of $10.12 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. The business has a fifty day simple moving average of $55.72 and a 200-day simple moving average of $53.95.

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.