Cedar Point Capital Partners LLC Has $333,000 Stake in Invesco RAFI US 1000 ETF $PRF

Cedar Point Capital Partners LLC lifted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 5.8% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 8,236 shares of the company’s stock after buying an additional 455 shares during the quarter. Cedar Point Capital Partners LLC’s holdings in Invesco RAFI US 1000 ETF were worth $333,000 as of its most recent filing with the Securities & Exchange Commission.

Several other large investors also recently modified their holdings of the stock. Charles Schwab Investment Management Inc. grew its position in shares of Invesco RAFI US 1000 ETF by 3.8% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 24,407,637 shares of the company’s stock worth $986,313,000 after buying an additional 887,580 shares during the period. Bank of America Corp DE boosted its holdings in Invesco RAFI US 1000 ETF by 3.1% during the 4th quarter. Bank of America Corp DE now owns 11,078,377 shares of the company’s stock worth $446,902,000 after acquiring an additional 329,378 shares during the last quarter. Ameriprise Financial Inc. raised its stake in shares of Invesco RAFI US 1000 ETF by 6.2% during the 1st quarter. Ameriprise Financial Inc. now owns 7,010,953 shares of the company’s stock worth $283,404,000 after purchasing an additional 406,790 shares during the period. RFG Advisory LLC raised its stake in shares of Invesco RAFI US 1000 ETF by 8.9% during the 1st quarter. RFG Advisory LLC now owns 6,861,510 shares of the company’s stock worth $277,274,000 after purchasing an additional 560,748 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in shares of Invesco RAFI US 1000 ETF by 0.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 5,273,261 shares of the company’s stock worth $213,092,000 after purchasing an additional 16,056 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

Shares of Invesco RAFI US 1000 ETF stock opened at $44.24 on Friday. Invesco RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $44.32. The stock’s 50-day simple moving average is $42.68 and its 200 day simple moving average is $41.07. The stock has a market capitalization of $8.09 billion, a P/E ratio of 17.96 and a beta of 1.00.

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.