Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Reaches New 1-Year High – Still a Buy?

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXFGet Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $76.49 and last traded at $76.49, with a volume of 620 shares changing hands. The stock had previously closed at $74.99.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Down 0.9%

The stock has a fifty day moving average of $71.94 and a 200-day moving average of $68.72. The firm has a market capitalization of $2.84 billion, a P/E ratio of 12.91 and a beta of 0.72.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Several large investors have recently made changes to their positions in the company. Wealthfront Advisers LLC lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 51.7% during the first quarter. Wealthfront Advisers LLC now owns 13,825 shares of the company’s stock valued at $966,000 after acquiring an additional 4,711 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.6% during the first quarter. Geneos Wealth Management Inc. now owns 7,235 shares of the company’s stock valued at $506,000 after acquiring an additional 316 shares during the period. Sanctuary Advisors LLC lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.7% during the first quarter. Sanctuary Advisors LLC now owns 579,402 shares of the company’s stock valued at $40,500,000 after acquiring an additional 26,215 shares during the period. Retirement Planning Group LLC lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.3% during the first quarter. Retirement Planning Group LLC now owns 87,083 shares of the company’s stock valued at $6,087,000 after acquiring an additional 6,677 shares during the period. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 14.5% during the first quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 5,194 shares of the company’s stock valued at $363,000 after acquiring an additional 658 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Company Profile

(Get Free Report)

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.

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