Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Reaches New 52-Week Low – Here’s Why

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) shares hit a new 52-week low on Monday . The company traded as low as $34.98 and last traded at $34.98, with a volume of 63864 shares trading hands. The stock had previously closed at $36.52.

Invesco FTSE RAFI US 1000 ETF Stock Performance

The stock has a market capitalization of $6.71 billion, a P/E ratio of 18.00 and a beta of 0.99. The firm has a fifty day moving average price of $41.17 and a two-hundred day moving average price of $41.18.

Invesco FTSE RAFI US 1000 ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.1894 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Trading of Invesco FTSE RAFI US 1000 ETF

Several large investors have recently added to or reduced their stakes in the business. Trust Co of the South bought a new stake in Invesco FTSE RAFI US 1000 ETF during the first quarter valued at about $813,000. Mascagni Wealth Management Inc. bought a new position in shares of Invesco FTSE RAFI US 1000 ETF during the 4th quarter valued at approximately $125,000. Menard Financial Group LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF in the 4th quarter worth approximately $161,000. Carolinas Wealth Consulting LLC raised its stake in Invesco FTSE RAFI US 1000 ETF by 20.1% during the 4th quarter. Carolinas Wealth Consulting LLC now owns 164,511 shares of the company’s stock worth $6,636,000 after acquiring an additional 27,588 shares during the period. Finally, Great Valley Advisor Group Inc. lifted its holdings in Invesco FTSE RAFI US 1000 ETF by 19.5% during the fourth quarter. Great Valley Advisor Group Inc. now owns 46,290 shares of the company’s stock valued at $1,867,000 after purchasing an additional 7,564 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Company 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.