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

Shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) reached a new 52-week high during trading on Wednesday . The company traded as high as $72.24 and last traded at $72.1640, with a volume of 7613 shares trading hands. The stock had previously closed at $70.33.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 2.2%

The firm has a market cap of $2.52 billion, a P/E ratio of 12.91 and a beta of 0.82. The stock’s fifty day moving average is $67.03 and its two-hundred day moving average is $63.13.

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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock worth $52,073,000 after buying an additional 648,623 shares during the last quarter. Sanctuary Advisors LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth $36,259,000. Charles Schwab Investment Management Inc. grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 1.4% in the second quarter. Charles Schwab Investment Management Inc. now owns 11,861,260 shares of the company’s stock worth $681,074,000 after acquiring an additional 161,989 shares in the last quarter. CIBC Bancorp USA Inc. bought a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the third quarter valued at $8,060,000. Finally, Invesco Ltd. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 2.9% in the second quarter. Invesco Ltd. now owns 4,588,907 shares of the company’s stock valued at $263,495,000 after acquiring an additional 130,557 shares during 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.