Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Sees Unusually-High Trading Volume

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) saw unusually-strong trading volume on Monday . Approximately 803,167 shares were traded during mid-day trading, an increase of 118% from the previous session’s volume of 369,245 shares.The stock last traded at $32.00 and had previously closed at $32.10.

Invesco FTSE RAFI US 1000 ETF Trading Up 2.2 %

The stock’s 50 day moving average is $31.94 and its 200-day moving average is $32.05. The company has a market cap of $6.09 billion, a P/E ratio of 12.89 and a beta of 1.00.

Institutional Investors Weigh In On Invesco FTSE RAFI US 1000 ETF

Institutional investors and hedge funds have recently made changes to their positions in the company. SJS Investment Consulting Inc. boosted its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 400.0% during the 3rd quarter. SJS Investment Consulting Inc. now owns 775 shares of the company’s stock valued at $25,000 after acquiring an additional 620 shares during the last quarter. Lindbrook Capital LLC lifted its position in Invesco FTSE RAFI US 1000 ETF by 400.0% during the third quarter. Lindbrook Capital LLC now owns 925 shares of the company’s stock valued at $29,000 after purchasing an additional 740 shares during the period. Moisand Fitzgerald Tamayo LLC boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 997.8% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 977 shares of the company’s stock worth $31,000 after purchasing an additional 888 shares during the last quarter. Townsend Asset Management Corp NC ADV boosted its holdings in Invesco FTSE RAFI US 1000 ETF by 400.0% in the third quarter. Townsend Asset Management Corp NC ADV now owns 960 shares of the company’s stock worth $31,000 after purchasing an additional 768 shares during the last quarter. Finally, Zions Bancorporation N.A. bought a new stake in Invesco FTSE RAFI US 1000 ETF in the 1st quarter worth approximately $32,000.

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.