First Long Island Investors LLC Takes $212,000 Position in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

First Long Island Investors LLC bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 5,500 shares of the company’s stock, valued at approximately $212,000.

A number of other large investors have also recently made changes to their positions in the stock. EverSource Wealth Advisors LLC increased its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 12.7% during the fourth quarter. EverSource Wealth Advisors LLC now owns 2,668 shares of the company’s stock valued at $94,000 after acquiring an additional 300 shares in the last quarter. Benjamin F. Edwards & Company Inc. boosted its position in Invesco FTSE RAFI US 1000 ETF by 18.6% in the 1st quarter. Benjamin F. Edwards & Company Inc. now owns 2,070 shares of the company’s stock worth $80,000 after purchasing an additional 325 shares in the last quarter. Fortis Group Advisors LLC lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 100.0% during the 4th quarter. Fortis Group Advisors LLC now owns 720 shares of the company’s stock valued at $25,000 after buying an additional 360 shares in the last quarter. Fifth Third Bancorp lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 4.6% during the 1st quarter. Fifth Third Bancorp now owns 8,420 shares of the company’s stock valued at $324,000 after buying an additional 370 shares in the last quarter. Finally, Sheets Smith Wealth Management lifted its position in shares of Invesco FTSE RAFI US 1000 ETF by 0.7% during the 4th quarter. Sheets Smith Wealth Management now owns 64,040 shares of the company’s stock valued at $2,254,000 after buying an additional 451 shares in the last quarter.

Invesco FTSE RAFI US 1000 ETF Price Performance

Shares of NYSEARCA:PRF traded up $0.25 during midday trading on Thursday, reaching $38.70. 303,213 shares of the company’s stock were exchanged, compared to its average volume of 446,153. The firm’s 50 day simple moving average is $38.00 and its two-hundred day simple moving average is $37.03. The stock has a market cap of $7.14 billion, a price-to-earnings ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a fifty-two week low of $30.29 and a fifty-two week high of $38.76.

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.