Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Strong Trading Volume

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw an uptick in trading volume on Monday . 110,061 shares were traded during mid-day trading, an increase of 41% from the previous session’s volume of 77,837 shares.The stock last traded at $48.68 and had previously closed at $48.46.

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

The company has a market capitalization of $1.65 billion, a price-to-earnings ratio of 11.49 and a beta of 0.80. The stock has a 50 day simple moving average of $48.47 and a two-hundred day simple moving average of $46.31.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Arlington Trust Co LLC acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth approximately $27,000. Johnson Financial Group Inc. boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 305.1% in the 4th quarter. Johnson Financial Group Inc. now owns 798 shares of the company’s stock valued at $38,000 after buying an additional 601 shares in the last quarter. Chilton Capital Management LLC purchased a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 1st quarter valued at $61,000. NBC Securities Inc. acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth $73,000. Finally, Larson Financial Group LLC lifted its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3,568.3% in the third quarter. Larson Financial Group LLC now owns 2,311 shares of the company’s stock valued at $101,000 after acquiring an additional 2,248 shares during the last quarter.

About Invesco FTSE RAFI Developed Markets ex-U.S. ETF

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.