Envestnet Asset Management Inc. Has $199.47 Million Stock Position in Invesco RAFI US 1000 ETF $PRF

Envestnet Asset Management Inc. boosted its position in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) by 0.4% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 4,719,038 shares of the company’s stock after purchasing an additional 16,804 shares during the quarter. Envestnet Asset Management Inc. owned about 2.56% of Invesco RAFI US 1000 ETF worth $199,474,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PRF. Exchange Traded Concepts LLC bought a new stake in Invesco RAFI US 1000 ETF during the 2nd quarter worth about $51,585,000. Charles Schwab Investment Management Inc. increased its stake in 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 purchasing an additional 887,580 shares in the last quarter. Charter Capital Management LLC DE bought a new stake in Invesco RAFI US 1000 ETF during the 2nd quarter worth approximately $23,683,000. Ameriprise Financial Inc. increased its stake 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 worth $283,404,000 after purchasing an additional 406,790 shares in the last quarter. Finally, Larson Financial Group LLC increased its stake in Invesco RAFI US 1000 ETF by 75.3% during the 1st quarter. Larson Financial Group LLC now owns 404,439 shares of the company’s stock worth $16,343,000 after purchasing an additional 173,731 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA PRF opened at $46.26 on Tuesday. The business has a 50 day simple moving average of $44.86 and a 200 day simple moving average of $42.47. Invesco RAFI US 1000 ETF has a 52-week low of $34.98 and a 52-week high of $46.28. The stock has a market cap of $8.40 billion, a price-to-earnings ratio of 17.96 and a beta of 0.92.

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.