Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Update

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw a significant decline in short interest in the month of March. As of March 31st, there was short interest totaling 304,536 shares, a decline of 26.3% from the March 15th total of 413,394 shares. Approximately 0.8% of the shares of the company are sold short. Based on an average daily trading volume, of 118,567 shares, the short-interest ratio is presently 2.6 days.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Revolve Wealth Partners LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $367,000. Royal Bank of Canada lifted its stake in shares of 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 period. NewEdge Advisors LLC increased its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% during the first quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock worth $124,000 after acquiring an additional 1,891 shares during the period. Jones Financial Companies Lllp raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 54.9% during the first quarter. Jones Financial Companies Lllp now owns 7,721 shares of the company’s stock worth $401,000 after purchasing an additional 2,737 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter valued at approximately $1,306,000.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.9%

NYSEARCA:PXF traded up $0.69 during trading hours on Friday, reaching $74.52. 115,305 shares of the company’s stock were exchanged, compared to its average volume of 153,153. Invesco RAFI Developed Markets ex-U.S. ETF has a 1-year low of $50.87 and a 1-year high of $76.36. The firm has a market capitalization of $2.79 billion, a price-to-earnings ratio of 12.91 and a beta of 0.73. The company has a 50-day moving average of $71.96 and a 200 day moving average of $67.22.

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.