Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Volume Increase

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw unusually-high trading volume on Monday . Approximately 110,061 shares changed hands during trading, an increase of 41% from the previous session’s volume of 77,837 shares.The stock last traded at $48.68 and had previously closed at $48.46.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Down 1.3 %

The company’s 50 day moving average price is $48.47 and its two-hundred day moving average price is $46.31. The stock has a market cap of $1.65 billion, a P/E ratio of 11.49 and a beta of 0.80.

Institutional Investors Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. ETF

Hedge funds have recently modified their holdings of the business. Arlington Trust Co LLC bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $27,000. Johnson Financial Group Inc. increased its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 305.1% during the fourth quarter. Johnson Financial Group Inc. now owns 798 shares of the company’s stock valued at $38,000 after acquiring an additional 601 shares in the last quarter. Chilton Capital Management LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the first quarter worth $61,000. NBC Securities Inc. purchased a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the fourth quarter valued at $73,000. Finally, Larson Financial Group LLC grew its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3,568.3% during the third quarter. Larson Financial Group LLC now owns 2,311 shares of the company’s stock valued at $101,000 after buying an additional 2,248 shares during the last quarter.

About Invesco FTSE 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.