Curry Webb Wealth Management LLC Acquires New Position in Invesco RAFI US 1000 ETF $PRF

Curry Webb Wealth Management LLC bought a new position in Invesco RAFI US 1000 ETF (NYSEARCA:PRF) in the 1st quarter, Holdings Channel reports. The fund bought 94,580 shares of the company’s stock, valued at approximately $4,495,000. Invesco RAFI US 1000 ETF comprises approximately 2.1% of Curry Webb Wealth Management LLC’s holdings, making the stock its 15th biggest position.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Northwestern Mutual Wealth Management Co. lifted its holdings in Invesco RAFI US 1000 ETF by 1,740.3% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 33,412,176 shares of the company’s stock valued at $1,537,911,000 after purchasing an additional 31,596,591 shares in the last quarter. Bank of America Corp DE boosted its position in shares of Invesco RAFI US 1000 ETF by 1.6% in the second quarter. Bank of America Corp DE now owns 11,565,365 shares of the company’s stock worth $488,868,000 after purchasing an additional 184,757 shares during the period. Ameriprise Financial Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 4.7% in the second quarter. Ameriprise Financial Inc. now owns 7,343,268 shares of the company’s stock worth $310,447,000 after purchasing an additional 332,315 shares in the last quarter. PNC Financial Services Group Inc. increased its stake in shares of Invesco RAFI US 1000 ETF by 1.9% in the fourth quarter. PNC Financial Services Group Inc. now owns 5,192,385 shares of the company’s stock worth $243,627,000 after purchasing an additional 97,185 shares in the last quarter. Finally, Mariner LLC raised its position in shares of Invesco RAFI US 1000 ETF by 1.8% during the 4th quarter. Mariner LLC now owns 3,135,416 shares of the company’s stock valued at $147,117,000 after purchasing an additional 54,954 shares during the period.

Invesco RAFI US 1000 ETF Stock Performance

PRF opened at $54.76 on Monday. Invesco RAFI US 1000 ETF has a fifty-two week low of $41.83 and a fifty-two week high of $55.06. The firm’s fifty day moving average is $54.01 and its 200 day moving average is $51.12. The stock has a market cap of $9.79 billion, a price-to-earnings ratio of 17.96 and a beta of 0.87.

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.