Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Reaches New 52-Week High – Here’s What Happened

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXFGet Free Report)’s stock price reached a new 52-week high on Tuesday . The stock traded as high as $69.86 and last traded at $69.59, with a volume of 131497 shares. The stock had previously closed at $69.25.

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

The business’s fifty day moving average is $65.54 and its 200-day moving average is $62.36. The firm has a market cap of $2.43 billion, a P/E ratio of 12.91 and a beta of 0.82.

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

Institutional investors have recently made changes to their positions in the stock. Bell Investment Advisors Inc lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 113.9% in the second quarter. Bell Investment Advisors Inc now owns 492 shares of the company’s stock worth $28,000 after acquiring an additional 262 shares during the period. Palisade Asset Management LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth approximately $47,000. Newbridge Financial Services Group Inc. bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 2nd quarter valued at $44,000. Harbour Investments Inc. increased its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 103.9% during the second quarter. Harbour Investments Inc. now owns 883 shares of the company’s stock worth $51,000 after buying an additional 450 shares during the period. Finally, Triumph Capital Management bought a new position in Invesco RAFI Developed Markets ex-U.S. ETF during the third quarter worth $59,000.

About Invesco RAFI Developed Markets ex-U.S. ETF

(Get Free Report)

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.

Further Reading

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