Noble Wealth Management PBC Purchases Shares of 1,075 Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF)

Noble Wealth Management PBC purchased a new stake in shares of Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 1,075 shares of the company’s stock, valued at approximately $43,000.

Several other institutional investors have also added to or reduced their stakes in PRF. Janney Montgomery Scott LLC boosted its position in Invesco FTSE RAFI US 1000 ETF by 9.8% during the third quarter. Janney Montgomery Scott LLC now owns 98,864 shares of the company’s stock valued at $4,017,000 after buying an additional 8,810 shares during the period. Cedar Point Capital Partners LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $209,000. Avidian Wealth Enterprises LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $210,000. JNBA Financial Advisors boosted its position in Invesco FTSE RAFI US 1000 ETF by 0.4% during the third quarter. JNBA Financial Advisors now owns 286,120 shares of the company’s stock valued at $11,625,000 after buying an additional 1,190 shares during the period. Finally, Blake Schutter Theil Wealth Advisors LLC purchased a new stake in Invesco FTSE RAFI US 1000 ETF during the third quarter valued at about $964,000.

Invesco FTSE RAFI US 1000 ETF Stock Up 1.5 %

NYSEARCA PRF opened at $42.08 on Friday. The company has a 50-day simple moving average of $41.47 and a two-hundred day simple moving average of $41.05. Invesco FTSE RAFI US 1000 ETF has a 12-month low of $36.36 and a 12-month high of $43.01. The firm has a market cap of $7.72 billion, a price-to-earnings ratio of 18.98 and a beta of 1.00.

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.