Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Strong Trading Volume – Here’s What Happened

Shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw an uptick in trading volume on Tuesday . 443,798 shares were traded during trading, an increase of 434% from the previous session’s volume of 83,161 shares.The stock last traded at $62.8250 and had previously closed at $62.14.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 1.0%

The company has a 50 day moving average of $62.02 and a 200 day moving average of $59.45. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82.

Institutional Investors Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

A number of hedge funds have recently made changes to their positions in the company. Charles Schwab Investment Management Inc. boosted its position in Invesco RAFI Developed Markets ex-U.S. ETF by 1.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 11,861,260 shares of the company’s stock valued at $681,074,000 after buying an additional 161,989 shares in the last quarter. Invesco Ltd. boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 2.9% in the 2nd quarter. Invesco Ltd. now owns 4,588,907 shares of the company’s stock worth $263,495,000 after acquiring an additional 130,557 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.0% in the 3rd quarter. Bank of America Corp DE now owns 937,059 shares of the company’s stock worth $57,325,000 after acquiring an additional 53,267 shares in the last quarter. LPL Financial LLC grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 1.1% during the 1st quarter. LPL Financial LLC now owns 511,425 shares of the company’s stock worth $26,589,000 after acquiring an additional 5,606 shares during the last quarter. Finally, Charles Schwab Trust Co increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 10.8% during the 2nd quarter. Charles Schwab Trust Co now owns 378,017 shares of the company’s stock valued at $21,706,000 after purchasing an additional 36,866 shares in the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Company Profile

The Invesco FTSE RAFI Developed Markets ex-U.S. ETF (PXF) is an exchange-traded fund that is based on the FTSE RAFI Developed x US 1000 index. The fund tracks an index of 1,000 of the biggest companies in developed markets outside the US that are selected and weighted based on fundamental measures. PXF was launched on Jun 25, 2007 and is managed by Invesco.