Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Unusually-High Trading Volume – Here’s Why

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) shares saw unusually-high trading volume on Tuesday . Approximately 491,544 shares were traded during mid-day trading, an increase of 290% from the previous session’s volume of 125,971 shares.The stock last traded at $74.8520 and had previously closed at $74.57.

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

The firm has a 50-day moving average price of $69.09 and a 200-day moving average price of $64.42. The company has a market capitalization of $2.62 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82.

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

Hedge funds and other institutional investors have recently bought and sold shares of the business. Farther Finance Advisors LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 62,181.8% during the third quarter. Farther Finance Advisors LLC now owns 20,553 shares of the company’s stock valued at $1,257,000 after purchasing an additional 20,520 shares during the last quarter. Assetmark Inc. bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the second quarter valued at $71,000. Archer Investment Corp increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 1.7% in the second quarter. Archer Investment Corp now owns 66,099 shares of the company’s stock valued at $3,795,000 after buying an additional 1,073 shares in the last quarter. Osaic Holdings Inc. lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 17.3% during the 2nd quarter. Osaic Holdings Inc. now owns 91,099 shares of the company’s stock valued at $5,231,000 after acquiring an additional 13,419 shares during the last quarter. Finally, Rothschild Investment LLC boosted its stake in shares of 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 acquiring an additional 11,340 shares in 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.