Boyum Wealth Architects LLC Buys 68,019 Shares of Invesco RAFI US 1000 ETF $PRF

Boyum Wealth Architects LLC boosted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 17.9% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 448,707 shares of the company’s stock after buying an additional 68,019 shares during the quarter. Invesco RAFI US 1000 ETF accounts for approximately 10.2% of Boyum Wealth Architects LLC’s portfolio, making the stock its 3rd largest holding. Boyum Wealth Architects LLC owned 0.25% of Invesco RAFI US 1000 ETF worth $21,753,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in PRF. Lodestone Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the fourth quarter valued at approximately $34,000. JPL Wealth Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter valued at approximately $35,000. Russell Investments Group Ltd. grew its position in shares of Invesco RAFI US 1000 ETF by 114.1% in the third quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares during the last quarter. Investment Research & Advisory Group Inc. grew its position in shares of Invesco RAFI US 1000 ETF by 570.2% in the fourth quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares during the last quarter. Finally, Palisade Asset Management LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF in the third quarter valued at approximately $52,000.

Invesco RAFI US 1000 ETF Stock Performance

Shares of PRF opened at $50.68 on Friday. The company has a market capitalization of $9.33 billion, a price-to-earnings ratio of 17.96 and a beta of 0.88. The company’s 50 day simple moving average is $48.75 and its 200 day simple moving average is $47.46. Invesco RAFI US 1000 ETF has a 1 year low of $36.63 and a 1 year high of $50.85.

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.