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

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $45.86 and last traded at $45.86, with a volume of 20000 shares traded. The stock had previously closed at $47.74.

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

The company has a market capitalization of $1.60 billion, a PE ratio of 13.62 and a beta of 0.90. The stock has a fifty day moving average of $51.77 and a 200 day moving average of $50.36.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a dividend of $0.4633 per share. The ex-dividend date was Monday, March 24th.

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

A number of hedge funds have recently made changes to their positions in the company. Rothschild Investment LLC lifted its position in 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 purchasing an additional 210 shares during the last quarter. Red Tortoise LLC lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.6% in the 4th quarter. Red Tortoise LLC now owns 39,059 shares of the company’s stock valued at $1,871,000 after acquiring an additional 235 shares during the last quarter. Drive Wealth Management LLC grew its position in 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 worth $1,407,000 after acquiring an additional 302 shares in the last quarter. Spire Wealth Management increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 19.9% during the fourth quarter. Spire Wealth Management now owns 1,842 shares of the company’s stock worth $88,000 after acquiring an additional 306 shares during the last quarter. Finally, Three Bridge Wealth Advisors LLC raised its position in 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 purchasing an additional 345 shares during the period.

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.