Private Advisor Group LLC Buys New Stake in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Private Advisor Group LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 7,454 shares of the company’s stock, valued at approximately $521,000.

Several other large investors have also recently added to or reduced their stakes in PXF. Bank of New York Mellon Corp lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% during the fourth quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock worth $78,950,000 after purchasing an additional 372,856 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.0% in the third quarter. Bank of America Corp DE now owns 937,059 shares of the company’s stock valued at $57,325,000 after buying an additional 53,267 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock valued at $52,073,000 after buying an additional 648,623 shares during the period. Wells Fargo & Company MN raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.6% during the 4th quarter. Wells Fargo & Company MN now owns 558,509 shares of the company’s stock valued at $36,607,000 after buying an additional 44,409 shares during the period. Finally, Sanctuary Advisors LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter valued at about $36,259,000.

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

Invesco RAFI Developed Markets ex-U.S. ETF stock opened at $75.52 on Friday. The firm has a market capitalization of $2.83 billion, a PE ratio of 12.91 and a beta of 0.73. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $56.81 and a one year high of $78.96. The stock’s 50 day moving average price is $76.38 and its 200 day moving average price is $72.94.

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.