AlphaCore Capital LLC Purchases 30,837 Shares of Invesco RAFI US 1000 ETF $PRF

AlphaCore Capital LLC raised its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 3.4% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 936,002 shares of the company’s stock after purchasing an additional 30,837 shares during the period. Invesco RAFI US 1000 ETF makes up approximately 1.4% of AlphaCore Capital LLC’s holdings, making the stock its 13th largest holding. AlphaCore Capital LLC owned approximately 0.52% of Invesco RAFI US 1000 ETF worth $42,317,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in the company. Financial Consulate Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF during the 3rd quarter valued at about $57,000. Steigerwald Gordon & Koch Inc. bought a new position in Invesco RAFI US 1000 ETF during the third quarter valued at approximately $57,000. Archer Investment Corp bought a new position in Invesco RAFI US 1000 ETF during the second quarter valued at approximately $100,000. Franklin Resources Inc. purchased a new position in shares of Invesco RAFI US 1000 ETF during the second quarter worth approximately $101,000. Finally, GHP Investment Advisors Inc. lifted its holdings in shares of Invesco RAFI US 1000 ETF by 28.3% in the 2nd 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 last quarter.

Invesco RAFI US 1000 ETF Stock Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $49.75 on Thursday. Invesco RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $50.31. The company has a fifty day moving average of $48.55 and a 200-day moving average of $46.43. The stock has a market capitalization of $9.07 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92.

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.