McNamara Financial Services Inc. boosted its stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF – Free Report) by 2.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 43,571 shares of the company’s stock after purchasing an additional 1,102 shares during the quarter. Invesco RAFI US 1000 ETF comprises 0.4% of McNamara Financial Services Inc.’s portfolio, making the stock its 22nd largest holding. McNamara Financial Services Inc.’s holdings in Invesco RAFI US 1000 ETF were worth $1,842,000 as of its most recent filing with the Securities & Exchange Commission.
Several other hedge funds and other institutional investors also recently added to or reduced their stakes in PRF. UMB Bank n.a. acquired a new position in Invesco RAFI US 1000 ETF during the first quarter valued at approximately $30,000. Opal Wealth Advisors LLC acquired a new position in Invesco RAFI US 1000 ETF during the first quarter valued at approximately $33,000. Continuum Advisory LLC grew its holdings in Invesco RAFI US 1000 ETF by 50.1% during the first quarter. Continuum Advisory LLC now owns 962 shares of the company’s stock valued at $39,000 after purchasing an additional 321 shares during the last quarter. WPG Advisers LLC acquired a new position in Invesco RAFI US 1000 ETF during the first quarter valued at approximately $42,000. Finally, North Capital Inc. acquired a new position in Invesco RAFI US 1000 ETF during the first quarter valued at approximately $43,000.
Invesco RAFI US 1000 ETF Stock Down 2.3%
Shares of PRF stock opened at $44.13 on Monday. Invesco RAFI US 1000 ETF has a 12 month low of $34.98 and a 12 month high of $45.79. The business’s 50 day moving average is $44.35 and its two-hundred day moving average is $41.93. The company has a market cap of $8.03 billion, a PE ratio of 17.96 and a beta of 1.00.
About Invesco 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.
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