Avidian Wealth Enterprises LLC Acquires New Holdings in Invesco RAFI US 1000 ETF $PRF

Avidian Wealth Enterprises LLC purchased a new stake in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 4,928 shares of the company’s stock, valued at approximately $208,000.

Several other large investors have also modified their holdings of the business. Charles Schwab Investment Management Inc. grew its position in shares of Invesco RAFI US 1000 ETF by 3.8% in the first quarter. Charles Schwab Investment Management Inc. now owns 24,407,637 shares of the company’s stock valued at $986,313,000 after purchasing an additional 887,580 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in 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 valued at $283,404,000 after buying an additional 406,790 shares during the last quarter. PNC Financial Services Group Inc. grew its holdings in 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 valued at $213,092,000 after buying an additional 16,056 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco RAFI US 1000 ETF by 0.5% during the 1st quarter. Envestnet Asset Management Inc. now owns 4,702,234 shares of the company’s stock valued at $190,017,000 after buying an additional 23,395 shares during the last quarter. Finally, Commonwealth Equity Services LLC boosted its stake in shares of Invesco RAFI US 1000 ETF by 1.3% during the first quarter. Commonwealth Equity Services LLC now owns 2,713,443 shares of the company’s stock valued at $109,650,000 after acquiring an additional 35,110 shares during the last quarter.

Invesco RAFI US 1000 ETF Stock Up 0.5%

PRF opened at $45.62 on Friday. The firm has a market cap of $8.28 billion, a P/E ratio of 17.96 and a beta of 1.00. Invesco RAFI US 1000 ETF has a 52 week low of $34.98 and a 52 week high of $45.79. The business’s fifty day simple moving average is $44.75 and its 200 day simple moving average is $42.27.

Invesco 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.