Invesco RAFI Developed Markets ex-U.S. ETF $PXF Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp trimmed its position in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 3.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 845,228 shares of the company’s stock after selling 26,877 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco RAFI Developed Markets ex-U.S. ETF were worth $48,533,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Revolve Wealth Partners LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter valued at approximately $367,000. Hardy Reed LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the first quarter valued at $538,000. IFP Advisors Inc acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter valued at $134,000. Avantax Advisory Services Inc. lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.5% in the 1st quarter. Avantax Advisory Services Inc. now owns 22,175 shares of the company’s stock valued at $1,153,000 after purchasing an additional 759 shares during the last quarter. Finally, Cetera Investment Advisers grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 71.0% during the 1st quarter. Cetera Investment Advisers now owns 167,159 shares of the company’s stock worth $8,691,000 after purchasing an additional 69,414 shares during the period.

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

Shares of NYSEARCA:PXF opened at $63.65 on Wednesday. The company has a market capitalization of $2.20 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82. Invesco RAFI Developed Markets ex-U.S. ETF has a 12-month low of $45.78 and a 12-month high of $63.76. The business has a 50-day moving average price of $61.64 and a 200 day moving average price of $58.81.

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.