Essex Savings Bank Acquires New Position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF)

Essex Savings Bank acquired a new stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the first quarter, according to the company in its most recent filing with the SEC. The firm acquired 5,525 shares of the company’s stock, valued at approximately $223,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UMB Bank n.a. bought a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at about $30,000. Opal Wealth Advisors LLC bought a new stake in Invesco RAFI US 1000 ETF during the 1st quarter valued at about $33,000. Smartleaf Asset Management LLC bought a new stake in Invesco RAFI US 1000 ETF during the 4th quarter valued at about $34,000. Noble Wealth Management PBC bought a new stake in Invesco RAFI US 1000 ETF during the 4th quarter valued at about $43,000. Finally, Integrity Financial Corp WA bought a new stake in Invesco RAFI US 1000 ETF during the 4th quarter valued at about $54,000.

Invesco RAFI US 1000 ETF Price Performance

Shares of PRF opened at $41.24 on Thursday. Invesco RAFI US 1000 ETF has a 1-year low of $34.98 and a 1-year high of $43.01. The company has a 50-day moving average of $39.92 and a 200 day moving average of $40.61. The firm has a market capitalization of $7.78 billion, a price-to-earnings ratio of 17.94 and a beta of 0.93.

Invesco 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.