Northwestern Mutual Wealth Management Co. Acquires 648,623 Shares of Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Northwestern Mutual Wealth Management Co. raised its stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 444.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 794,407 shares of the company’s stock after acquiring an additional 648,623 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco RAFI Developed Markets ex-U.S. ETF were worth $52,073,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of PXF. Revolve Wealth Partners LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter valued at approximately $367,000. Royal Bank of Canada raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 6.1% in the 1st quarter. Royal Bank of Canada now owns 118,946 shares of the company’s stock worth $6,184,000 after acquiring an additional 6,833 shares during the last quarter. NewEdge Advisors LLC lifted its position in Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% in the 1st quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock valued at $124,000 after acquiring an additional 1,891 shares in the last quarter. Jones Financial Companies Lllp boosted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 54.9% during the 1st quarter. Jones Financial Companies Lllp now owns 7,721 shares of the company’s stock valued at $401,000 after purchasing an additional 2,737 shares during the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the 1st quarter valued at $1,306,000.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.7%

Shares of NYSEARCA PXF opened at $75.73 on Tuesday. The firm’s 50-day moving average price is $72.23 and its 200-day moving average price is $69.10. Invesco RAFI Developed Markets ex-U.S. ETF has a 52-week low of $55.11 and a 52-week high of $76.96. The company has a market cap of $2.83 billion, a PE ratio of 12.91 and a beta of 0.72.

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