Garrett Wealth Advisory Group LLC Buys New Shares in Invesco RAFI US 1000 ETF $PRF

Garrett Wealth Advisory Group LLC acquired a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor acquired 803,341 shares of the company’s stock, valued at approximately $43,726,000. Invesco RAFI US 1000 ETF comprises about 6.6% of Garrett Wealth Advisory Group LLC’s portfolio, making the stock its 4th largest position.

Other large investors also recently bought and sold shares of the company. Bank of America Corp DE grew its holdings in Invesco RAFI US 1000 ETF by 0.8% in the first quarter. Bank of America Corp DE now owns 11,102,869 shares of the company’s stock valued at $527,719,000 after purchasing an additional 92,636 shares during the period. D.A. Davidson & CO. raised its stake in Invesco RAFI US 1000 ETF by 2.6% in the 1st quarter. D.A. Davidson & CO. now owns 2,109,275 shares of the company’s stock valued at $100,254,000 after purchasing an additional 53,433 shares during the last quarter. Royal Bank of Canada boosted its stake in Invesco RAFI US 1000 ETF by 2.9% during the 1st quarter. Royal Bank of Canada now owns 1,233,042 shares of the company’s stock worth $58,607,000 after purchasing an additional 34,227 shares during the last quarter. Cetera Investment Advisers lifted its stake in shares of Invesco RAFI US 1000 ETF by 2.5% in the first quarter. Cetera Investment Advisers now owns 948,885 shares of the company’s stock worth $45,100,000 after buying an additional 22,749 shares in the last quarter. Finally, Charles Schwab Trust Co purchased a new position in Invesco RAFI US 1000 ETF during the third quarter worth approximately $31,407,000.

Invesco RAFI US 1000 ETF Stock Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $56.05 on Friday. The firm has a market capitalization of $10.08 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. Invesco RAFI US 1000 ETF has a fifty-two week low of $44.47 and a fifty-two week high of $56.65. The stock has a 50 day moving average of $55.72 and a 200 day moving average of $54.08.

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.