Cypress Capital Group Acquires New Stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Cypress Capital Group acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 11,000 shares of the company’s stock, valued at approximately $447,000.

Other large investors also recently added to or reduced their stakes in the company. Sequoia Financial Advisors LLC raised its position in Invesco FTSE RAFI US 1000 ETF by 6.6% during the third quarter. Sequoia Financial Advisors LLC now owns 31,529 shares of the company’s stock valued at $1,281,000 after purchasing an additional 1,954 shares in the last quarter. Aptus Capital Advisors LLC raised its position in Invesco FTSE RAFI US 1000 ETF by 70.9% during the second quarter. Aptus Capital Advisors LLC now owns 6,205 shares of the company’s stock valued at $235,000 after purchasing an additional 2,574 shares in the last quarter. Savant Capital LLC raised its position in Invesco FTSE RAFI US 1000 ETF by 58.6% during the second quarter. Savant Capital LLC now owns 36,011 shares of the company’s stock valued at $1,367,000 after purchasing an additional 13,306 shares in the last quarter. Ted Buchan & Co purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter valued at about $13,102,000. Finally, Reston Wealth Management LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $112,000.

Invesco FTSE RAFI US 1000 ETF Trading Up 1.1 %

PRF opened at $42.16 on Friday. The company has a market cap of $7.77 billion, a P/E ratio of 3.61 and a beta of 0.85. The business’s 50-day moving average price is $40.89 and its 200-day moving average price is $39.36. Invesco FTSE RAFI US 1000 ETF has a 12 month low of $33.12 and a 12 month high of $42.42.

About Invesco FTSE 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.