Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sets New 12-Month High – What’s Next?

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) shares reached a new 52-week high during trading on Wednesday . The stock traded as high as $77.92 and last traded at $77.77, with a volume of 85146 shares trading hands. The stock had previously closed at $76.40.

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

The firm has a fifty day moving average price of $73.24 and a 200 day moving average price of $69.91. The firm has a market capitalization of $2.90 billion, a price-to-earnings ratio of 12.91 and a beta of 0.72.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. ETF

Hedge funds have recently modified their holdings of the business. Brown Brothers Harriman & Co. acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $26,000. Tidemark LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $27,000. Osbon Capital Management LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $27,000. International Assets Investment Management LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter valued at approximately $38,000. Finally, Bogart Wealth LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at approximately $40,000.

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

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.