Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) Sees Strong Trading Volume – Here’s What Happened

Invesco FTSE RAFI US 1000 ETF (NYSEARCA:PRF) saw an uptick in trading volume on Wednesday . 2,869,432 shares changed hands during trading, an increase of 520% from the previous session’s volume of 462,745 shares.The stock last traded at $37.22 and had previously closed at $35.77.

Invesco FTSE RAFI US 1000 ETF Stock Up 1.4 %

The stock has a fifty day moving average of $40.48 and a 200-day moving average of $41.01. The stock has a market capitalization of $6.98 billion, a PE ratio of 18.00 and a beta of 0.99.

Invesco FTSE RAFI US 1000 ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were issued a $0.1894 dividend. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Investors Weigh In On Invesco FTSE RAFI US 1000 ETF

Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC raised its position in shares of Invesco FTSE RAFI US 1000 ETF by 0.9% during the 4th quarter. NewEdge Advisors LLC now owns 27,153 shares of the company’s stock worth $1,095,000 after acquiring an additional 242 shares in the last quarter. Atlas Capital Advisors Inc. grew its holdings in shares of Invesco FTSE RAFI US 1000 ETF by 3.1% during the fourth quarter. Atlas Capital Advisors Inc. now owns 8,436 shares of the company’s stock worth $340,000 after purchasing an additional 250 shares during the last quarter. Johnson Financial Group Inc. boosted its position in shares of Invesco FTSE RAFI US 1000 ETF by 7.5% in the 4th quarter. Johnson Financial Group Inc. now owns 3,601 shares of the company’s stock valued at $151,000 after purchasing an additional 250 shares during the period. Chicago Partners Investment Group LLC grew its stake in Invesco FTSE RAFI US 1000 ETF by 3.2% during the 4th quarter. Chicago Partners Investment Group LLC now owns 8,347 shares of the company’s stock worth $338,000 after buying an additional 258 shares during the last quarter. Finally, Capital Investment Advisors LLC increased its position in Invesco FTSE RAFI US 1000 ETF by 5.6% during the fourth quarter. Capital Investment Advisors LLC now owns 8,063 shares of the company’s stock worth $325,000 after buying an additional 426 shares during the period.

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.