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

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $63.22 and last traded at $63.2370, with a volume of 21201 shares traded. The stock had previously closed at $62.39.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 1.3%

The stock has a market capitalization of $2.19 billion, a PE ratio of 12.91 and a beta of 0.82. The business’s 50-day moving average is $61.50 and its two-hundred day moving average is $58.66.

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

Several large investors have recently modified their holdings of PXF. Axxcess Wealth Management LLC increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 36.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 12,933 shares of the company’s stock valued at $791,000 after acquiring an additional 3,448 shares during the period. Maridea Wealth Management LLC boosted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 29.4% during the 3rd quarter. Maridea Wealth Management LLC now owns 6,099 shares of the company’s stock worth $380,000 after purchasing an additional 1,387 shares during the period. Rothschild Investment LLC grew its position in Invesco RAFI Developed Markets ex-U.S. ETF by 52.9% during the 3rd quarter. Rothschild Investment LLC now owns 32,795 shares of the company’s stock worth $2,006,000 after purchasing an additional 11,340 shares during the last quarter. HighTower Advisors LLC increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 4.9% in the third quarter. HighTower Advisors LLC now owns 88,403 shares of the company’s stock valued at $5,408,000 after purchasing an additional 4,142 shares during the period. Finally, Breakwater Capital Group raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.3% in the third quarter. Breakwater Capital Group now owns 81,764 shares of the company’s stock valued at $5,002,000 after buying an additional 4,833 shares during the last quarter.

Invesco 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.