Foster & Motley Inc. Sells 759 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Foster & Motley Inc. lowered its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 4.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 16,512 shares of the company’s stock after selling 759 shares during the period. Foster & Motley Inc.’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $783,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in the stock. Red Tortoise LLC boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.7% during the fourth quarter. Red Tortoise LLC now owns 38,155 shares of the company’s stock worth $1,808,000 after buying an additional 261 shares during the period. McNamara Financial Services Inc. acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $300,000. Cerity Partners LLC grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 132.2% during the 4th quarter. Cerity Partners LLC now owns 20,619 shares of the company’s stock worth $977,000 after acquiring an additional 11,739 shares in the last quarter. Arlington Trust Co LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $27,000. Finally, Breakwater Capital Group lifted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.1% in the fourth quarter. Breakwater Capital Group now owns 67,585 shares of the company’s stock worth $3,131,000 after purchasing an additional 733 shares in the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Up 0.7 %

Shares of PXF opened at $48.90 on Wednesday. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 11.49 and a beta of 0.80. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 12 month low of $41.50 and a 12 month high of $50.11. The firm has a fifty day simple moving average of $48.64 and a 200 day simple moving average of $46.51.

Invesco FTSE 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.