Millennium Management LLC Invests $350,000 in Invesco RAFI US 1000 ETF (NYSEARCA:PRF)

Millennium Management LLC acquired a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 8,673 shares of the company’s stock, valued at approximately $350,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Smartleaf Asset Management LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth $34,000. Noble Wealth Management PBC purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth $43,000. Integrity Financial Corp WA purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth $54,000. IMG Wealth Management Inc. purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter worth $61,000. Finally, Johnson Financial Group Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 7.5% in the 4th quarter. Johnson Financial Group Inc. now owns 3,601 shares of the company’s stock worth $151,000 after purchasing an additional 250 shares in the last quarter.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA:PRF opened at $41.56 on Wednesday. The firm has a market capitalization of $7.84 billion, a price-to-earnings ratio of 17.94 and a beta of 0.93. Invesco RAFI US 1000 ETF has a one year low of $34.98 and a one year high of $43.01. The business has a fifty day moving average price of $39.38 and a 200-day moving average price of $40.65.

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.