Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Reaches New 1-Year High – Here’s What Happened

Shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $80.02 and last traded at $79.9820, with a volume of 21658 shares traded. The stock had previously closed at $79.40.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.8%

The firm has a market capitalization of $3.00 billion, a price-to-earnings ratio of 12.91 and a beta of 0.74. The business’s fifty day moving average is $77.25 and its 200 day moving average is $75.09.

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

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

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.