Archer Investment Corp Purchases Shares of 2,369 Invesco RAFI US 1000 ETF $PRF

Archer Investment Corp acquired a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRFFree Report) during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 2,369 shares of the company’s stock, valued at approximately $100,000.

Other institutional investors and hedge funds have also recently modified their holdings of the company. UMB Bank n.a. boosted its position in Invesco RAFI US 1000 ETF by 34.5% in the second quarter. UMB Bank n.a. now owns 1,002 shares of the company’s stock valued at $42,000 after buying an additional 257 shares during the last quarter. WPG Advisers LLC acquired a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at approximately $42,000. Farther Finance Advisors LLC boosted its holdings in shares of Invesco RAFI US 1000 ETF by 33.5% in the 2nd quarter. Farther Finance Advisors LLC now owns 1,465 shares of the company’s stock valued at $62,000 after acquiring an additional 368 shares during the last quarter. Ameritas Advisory Services LLC purchased a new stake in shares of Invesco RAFI US 1000 ETF in the 2nd quarter valued at $76,000. Finally, GHP Investment Advisors Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 28.3% in the second quarter. GHP Investment Advisors Inc. now owns 2,438 shares of the company’s stock worth $103,000 after acquiring an additional 538 shares during the period.

Invesco RAFI US 1000 ETF Price Performance

NYSEARCA PRF opened at $45.23 on Friday. Invesco RAFI US 1000 ETF has a 1 year low of $34.98 and a 1 year high of $46.48. The company has a market capitalization of $8.20 billion, a PE ratio of 17.96 and a beta of 0.92. The company has a fifty day moving average of $45.35 and a 200 day moving average of $43.39.

Invesco RAFI US 1000 ETF Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Invesco RAFI US 1000 ETF (NYSEARCA:PRF)

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