Austin Wealth Management LLC Boosts Stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Austin Wealth Management LLC lifted its holdings in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 2.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 25,108 shares of the company’s stock after acquiring an additional 591 shares during the quarter. Austin Wealth Management LLC’s holdings in Invesco FTSE RAFI US 1000 ETF were worth $1,044,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. BNP Paribas Financial Markets acquired a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter worth $27,000. Smartleaf Asset Management LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $34,000. Noble Wealth Management PBC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $43,000. Decker Retirement Planning Inc. acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $90,000. Finally, Kieckhefer Group LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $111,000.

Invesco FTSE RAFI US 1000 ETF Stock Performance

PRF stock opened at $39.81 on Wednesday. The firm has a market cap of $7.33 billion, a PE ratio of 17.95 and a beta of 0.99. The firm’s fifty day moving average is $41.49 and its 200 day moving average is $41.13. Invesco FTSE RAFI US 1000 ETF has a one year low of $36.36 and a one year high of $43.01.

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.