Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Hits New 1-Year High – Here’s Why

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) reached a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $52.96 and last traded at $52.88, with a volume of 31422 shares changing hands. The stock had previously closed at $51.81.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Up 2.6 %

The company has a market cap of $1.90 billion, a price-to-earnings ratio of 13.65 and a beta of 0.91. The business has a 50-day moving average price of $49.74 and a 200 day moving average price of $50.08.

Institutional Trading of Invesco FTSE RAFI Developed Markets ex-U.S. ETF

Hedge funds have recently bought and sold shares of the company. Rothschild Investment LLC raised its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.1% during the fourth quarter. Rothschild Investment LLC now owns 19,895 shares of the company’s stock valued at $953,000 after acquiring an additional 210 shares during the period. Red Tortoise LLC raised its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.6% during the 4th quarter. Red Tortoise LLC now owns 39,059 shares of the company’s stock valued at $1,871,000 after purchasing an additional 235 shares during the period. Drive Wealth Management LLC lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.0% in the fourth quarter. Drive Wealth Management LLC now owns 29,382 shares of the company’s stock valued at $1,407,000 after purchasing an additional 302 shares in the last quarter. Spire Wealth Management boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 19.9% in the fourth quarter. Spire Wealth Management now owns 1,842 shares of the company’s stock worth $88,000 after buying an additional 306 shares during the period. Finally, Three Bridge Wealth Advisors LLC grew its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.5% during the fourth quarter. Three Bridge Wealth Advisors LLC now owns 24,099 shares of the company’s stock valued at $1,154,000 after buying an additional 345 shares in the last quarter.

About Invesco FTSE 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.