Beckerman Institutional LLC Invests $408,000 in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Beckerman Institutional LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 10,036 shares of the company’s stock, valued at approximately $408,000.

A number of other hedge funds have also bought and sold shares of PRF. Clearstead Trust LLC acquired a new position in shares of Invesco FTSE RAFI US 1000 ETF during the 1st quarter worth approximately $25,000. Strategic Financial Concepts LLC acquired a new stake in Invesco FTSE RAFI US 1000 ETF during the second quarter worth approximately $26,000. Ashton Thomas Private Wealth LLC bought a new position in Invesco FTSE RAFI US 1000 ETF during the 2nd quarter worth $26,000. Bristlecone Advisors LLC acquired a new position in Invesco FTSE RAFI US 1000 ETF in the 3rd quarter valued at $45,000. Finally, SYM FINANCIAL Corp bought a new stake in shares of Invesco FTSE RAFI US 1000 ETF during the 2nd quarter valued at $52,000.

Invesco FTSE RAFI US 1000 ETF Stock Up 0.4 %

PRF stock opened at $42.05 on Friday. The company has a market cap of $7.75 billion, a PE ratio of 3.61 and a beta of 0.85. Invesco FTSE RAFI US 1000 ETF has a 52 week low of $31.66 and a 52 week high of $42.16. The business has a 50-day simple moving average of $40.45 and a 200 day simple moving average of $39.06.

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.