Goodman Advisory Group LLC Acquires New Position in Invesco RAFI US 1000 ETF $PRF

Goodman Advisory Group LLC acquired a new stake in shares of Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 418,663 shares of the company’s stock, valued at approximately $19,644,000. Invesco RAFI US 1000 ETF makes up 4.8% of Goodman Advisory Group LLC’s holdings, making the stock its 3rd biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in PRF. MCF Advisors LLC raised its holdings in shares of Invesco RAFI US 1000 ETF by 74.6% in the 4th quarter. MCF Advisors LLC now owns 702 shares of the company’s stock valued at $33,000 after purchasing an additional 300 shares in the last quarter. Lodestone Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the 4th quarter valued at about $34,000. JPL Wealth Management LLC bought a new stake in shares of Invesco RAFI US 1000 ETF in the 3rd quarter valued at about $35,000. Russell Investments Group Ltd. raised its holdings in shares of Invesco RAFI US 1000 ETF by 114.1% in the 3rd quarter. Russell Investments Group Ltd. now owns 835 shares of the company’s stock valued at $38,000 after purchasing an additional 445 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. raised its holdings in shares of Invesco RAFI US 1000 ETF by 570.2% in the 4th quarter. Investment Research & Advisory Group Inc. now owns 878 shares of the company’s stock valued at $41,000 after purchasing an additional 747 shares in the last quarter.

Invesco RAFI US 1000 ETF Stock Performance

NYSEARCA:PRF opened at $52.69 on Thursday. Invesco RAFI US 1000 ETF has a one year low of $40.88 and a one year high of $54.12. The firm has a market cap of $9.70 billion, a P/E ratio of 17.96 and a beta of 0.87. The firm has a 50-day simple moving average of $51.47 and a 200-day simple moving average of $49.27.

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.