Royal Bank of Canada Raises Position in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Royal Bank of Canada increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 82.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 216,926 shares of the company’s stock after purchasing an additional 97,806 shares during the quarter. Royal Bank of Canada owned approximately 0.58% of Invesco RAFI Developed Markets ex-U.S. ETF worth $15,163,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of PXF. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock valued at $52,073,000 after buying an additional 648,623 shares during the period. Sanctuary Advisors LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter worth about $36,259,000. Bank of New York Mellon Corp increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% in the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock worth $78,950,000 after acquiring an additional 372,856 shares during the last quarter. Align Financial LLC bought a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at about $24,335,000. Finally, Captrust Financial Advisors raised its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 101.1% in the 4th quarter. Captrust Financial Advisors now owns 264,919 shares of the company’s stock valued at $17,365,000 after acquiring an additional 133,160 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 1.0%

NYSEARCA PXF opened at $78.89 on Friday. The company has a market cap of $2.96 billion, a PE ratio of 12.91 and a beta of 0.74. Invesco RAFI Developed Markets ex-U.S. ETF has a 52 week low of $59.04 and a 52 week high of $79.01. The firm’s 50-day simple moving average is $76.41 and its two-hundred day simple moving average is $73.98.

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.