Invesco RAFI Developed Markets ex-U.S. ETF $PXF Stock Position Increased by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC lifted its holdings in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 17.5% during the third quarter, Holdings Channel reports. The fund owned 99,400 shares of the company’s stock after buying an additional 14,778 shares during the quarter. Cornerstone Wealth Management LLC’s holdings in Invesco RAFI Developed Markets ex-U.S. ETF were worth $7,577,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently made changes to their positions in the business. BIP Wealth LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 0.4% during the third quarter. BIP Wealth LLC now owns 43,264 shares of the company’s stock worth $3,298,000 after purchasing an additional 187 shares during the last quarter. Triumph Capital Management grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 21.5% during the 2nd quarter. Triumph Capital Management now owns 1,182 shares of the company’s stock worth $89,000 after purchasing an additional 209 shares during the period. CoreCap Advisors LLC grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% during the 2nd quarter. CoreCap Advisors LLC now owns 4,668 shares of the company’s stock worth $353,000 after purchasing an additional 271 shares during the period. Geneos Wealth Management Inc. grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 4.6% during the 1st quarter. Geneos Wealth Management Inc. now owns 7,235 shares of the company’s stock worth $506,000 after purchasing an additional 316 shares during the period. Finally, JFS Wealth Advisors LLC grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 3.0% during the 2nd quarter. JFS Wealth Advisors LLC now owns 11,450 shares of the company’s stock worth $866,000 after purchasing an additional 338 shares during the period.

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

NYSEARCA PXF opened at $76.06 on Wednesday. The stock has a 50-day simple moving average of $77.17 and a two-hundred day simple moving average of $75.30. The firm has a market capitalization of $3.00 billion, a P/E ratio of 12.91 and a beta of 0.76. Invesco RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $60.93 and a fifty-two week high of $80.65.

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.