IMG Wealth Management Inc. Purchases New Shares in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

IMG Wealth Management Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 1,502 shares of the company’s stock, valued at approximately $61,000.

A number of other hedge funds also recently bought and sold shares of PRF. Raymond James Financial Inc. purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the fourth quarter valued at $54,765,000. Kovitz Investment Group Partners LLC raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 3,587.0% in the third quarter. Kovitz Investment Group Partners LLC now owns 1,381,704 shares of the company’s stock valued at $54,335,000 after acquiring an additional 1,344,229 shares during the period. Goodman Advisory Group LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the third quarter valued at $16,108,000. Stonebridge Financial Group LLC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter valued at $13,221,000. Finally, RFG Advisory LLC raised its stake in shares of Invesco FTSE RAFI US 1000 ETF by 5.4% in the fourth quarter. RFG Advisory LLC now owns 6,300,762 shares of the company’s stock valued at $254,173,000 after acquiring an additional 320,593 shares during the period.

Invesco FTSE RAFI US 1000 ETF Trading Up 1.2 %

Shares of PRF opened at $40.59 on Tuesday. Invesco FTSE RAFI US 1000 ETF has a twelve month low of $36.36 and a twelve month high of $43.01. The company has a market cap of $7.48 billion, a P/E ratio of 17.95 and a beta of 0.99. The company’s fifty day simple moving average is $41.45 and its 200-day simple moving average is $41.14.

Invesco FTSE 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.