Williams & Novak LLC Increases Stock Holdings in Invesco RAFI US 1000 ETF $PRF

Williams & Novak LLC increased its position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 384.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 28,618 shares of the company’s stock after acquiring an additional 22,713 shares during the quarter. Invesco RAFI US 1000 ETF comprises about 1.0% of Williams & Novak LLC’s holdings, making the stock its 25th biggest holding. Williams & Novak LLC’s holdings in Invesco RAFI US 1000 ETF were worth $1,546,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of PRF. Versant Capital Management Inc bought a new stake in Invesco RAFI US 1000 ETF during the second quarter valued at $31,000. MCF Advisors LLC raised its holdings in shares of Invesco RAFI US 1000 ETF by 74.6% in the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after acquiring an additional 300 shares in the last quarter. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $35,000. Russell Investments Group Ltd. boosted its position in shares of Invesco RAFI US 1000 ETF by 114.1% during the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after acquiring an additional 445 shares during the last quarter. Finally, Howe & Rusling Inc. boosted its position in shares of Invesco RAFI US 1000 ETF by 100.9% during the 4th quarter. Howe & Rusling Inc. now owns 916 shares of the company’s stock valued at $43,000 after acquiring an additional 460 shares during the last quarter.

Invesco RAFI US 1000 ETF Trading Up 0.5%

PRF stock opened at $55.92 on Friday. The company’s 50 day moving average is $54.23 and its 200 day moving average is $51.35. The stock has a market cap of $10.00 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87. Invesco RAFI US 1000 ETF has a 1-year low of $42.64 and a 1-year high of $56.16.

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.