Invesco RAFI Developed Markets ex-U.S. ETF $PXF Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp decreased its position in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 20.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 954,217 shares of the company’s stock after selling 250,299 shares during the period. Bank of New York Mellon Corp owned 2.55% of Invesco RAFI Developed Markets ex-U.S. ETF worth $66,700,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in PXF. Northwestern Mutual Wealth Management Co. lifted its holdings in 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 acquiring an additional 648,623 shares during the last quarter. Sanctuary Advisors LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter worth approximately $36,259,000. Align Financial LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter worth approximately $24,335,000. Captrust Financial Advisors increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 101.1% during the fourth quarter. Captrust Financial Advisors now owns 264,919 shares of the company’s stock worth $17,365,000 after acquiring an additional 133,160 shares during the last quarter. Finally, JPMorgan Chase & Co. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 112.6% during the fourth quarter. JPMorgan Chase & Co. now owns 244,255 shares of the company’s stock worth $16,010,000 after acquiring an additional 129,346 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.3%

NYSEARCA:PXF opened at $76.27 on Thursday. Invesco RAFI Developed Markets ex-U.S. ETF has a 52 week low of $56.81 and a 52 week high of $78.96. The company has a market capitalization of $2.86 billion, a P/E ratio of 12.91 and a beta of 0.73. The stock’s fifty day moving average is $76.33 and its two-hundred day moving average is $73.22.

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.