Cerity Partners LLC Invests $6.18 Million in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cerity Partners LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 175,595 shares of the company’s stock, valued at approximately $6,181,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Charles Schwab Investment Advisory Inc. increased its position in Invesco FTSE RAFI US 1000 ETF by 399.4% during the 3rd quarter. Charles Schwab Investment Advisory Inc. now owns 25,057,824 shares of the company’s stock valued at $797,340,000 after purchasing an additional 20,039,924 shares during the period. Ameriprise Financial Inc. boosted its stake in shares of Invesco FTSE RAFI US 1000 ETF by 377.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,147,370 shares of the company’s stock valued at $228,569,000 after purchasing an additional 5,650,198 shares in the last quarter. Invesco Ltd. increased its position in shares of Invesco FTSE RAFI US 1000 ETF by 369.2% during the third quarter. Invesco Ltd. now owns 5,621,791 shares of the company’s stock valued at $178,885,000 after buying an additional 4,423,626 shares during the period. PNC Financial Services Group Inc. raised its stake in Invesco FTSE RAFI US 1000 ETF by 393.9% in the third quarter. PNC Financial Services Group Inc. now owns 5,554,541 shares of the company’s stock worth $176,746,000 after buying an additional 4,429,941 shares in the last quarter. Finally, RFG Advisory LLC lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 2.7% in the fourth quarter. RFG Advisory LLC now owns 5,225,923 shares of the company’s stock worth $183,952,000 after buying an additional 138,691 shares during the period.

Invesco FTSE RAFI US 1000 ETF Stock Performance

PRF stock opened at $36.70 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $30.29 and a fifty-two week high of $38.55. The company has a market capitalization of $6.65 billion, a price-to-earnings ratio of 3.52 and a beta of 0.89. The business’s 50 day moving average price is $37.16 and its two-hundred day moving average price is $34.79.

Invesco FTSE 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.