Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sets New 12-Month High – Here’s Why

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)’s share price reached a new 52-week high during trading on Friday . The stock traded as high as $65.73 and last traded at $65.56, with a volume of 29515 shares. The stock had previously closed at $65.45.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.2%

The company has a fifty day moving average of $63.47 and a two-hundred day moving average of $60.72. The stock has a market capitalization of $2.27 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82.

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

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Crewe Advisors LLC lifted its position in Invesco RAFI Developed Markets ex-U.S. ETF by 10.3% in the second quarter. Crewe Advisors LLC now owns 1,841 shares of the company’s stock valued at $106,000 after purchasing an additional 172 shares during the period. AE Wealth Management LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% during the 2nd quarter. AE Wealth Management LLC now owns 3,456 shares of the company’s stock worth $198,000 after buying an additional 201 shares in the last quarter. Red Tortoise LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 0.6% during the 3rd quarter. Red Tortoise LLC now owns 39,839 shares of the company’s stock worth $2,437,000 after buying an additional 244 shares in the last quarter. Bell Investment Advisors Inc lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 113.9% in the 2nd quarter. Bell Investment Advisors Inc now owns 492 shares of the company’s stock valued at $28,000 after buying an additional 262 shares during the period. Finally, Comerica Bank boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.8% in the first quarter. Comerica Bank now owns 7,549 shares of the company’s stock valued at $392,000 after buying an additional 273 shares in the last quarter.

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.