Breakwater Capital Group Boosts Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Breakwater Capital Group lifted its position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) by 3.5% during the 1st quarter, according to its most recent disclosure with the SEC. The fund owned 372,868 shares of the company’s stock after purchasing an additional 12,699 shares during the period. Invesco FTSE RAFI US 1000 ETF comprises approximately 3.6% of Breakwater Capital Group’s portfolio, making the stock its biggest holding. Breakwater Capital Group owned about 0.21% of Invesco FTSE RAFI US 1000 ETF worth $14,344,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of PRF. Ameriprise Financial Inc. grew its position in Invesco FTSE RAFI US 1000 ETF by 377.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 7,147,370 shares of the company’s stock valued at $228,569,000 after purchasing an additional 5,650,198 shares during the last quarter. Waverly Advisors LLC boosted its stake in Invesco FTSE RAFI US 1000 ETF by 390.5% in the 3rd quarter. Waverly Advisors LLC now owns 4,597,302 shares of the company’s stock worth $146,286,000 after purchasing an additional 3,659,938 shares during the period. McIlrath & Eck LLC increased its holdings in Invesco FTSE RAFI US 1000 ETF by 380.4% in the 3rd quarter. McIlrath & Eck LLC now owns 1,397,164 shares of the company’s stock valued at $44,458,000 after acquiring an additional 1,106,344 shares during the last quarter. Saxon Interests Inc. purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF in the fourth quarter worth about $17,086,000. Finally, Truist Financial Corp raised its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 421.7% during the 3rd quarter. Truist Financial Corp now owns 487,703 shares of the company’s stock worth $15,519,000 after acquiring an additional 394,225 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Stock Performance

Invesco FTSE RAFI US 1000 ETF stock traded up $0.04 during mid-day trading on Friday, hitting $37.95. The company’s stock had a trading volume of 304,535 shares, compared to its average volume of 461,300. The company has a 50 day moving average of $37.81 and a 200-day moving average of $36.85. The stock has a market cap of $7.00 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a one year low of $30.29 and a one year high of $38.62.

About Invesco FTSE 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.