Invesco RAFI Developed Markets ex-U.S. ETF $PXF Stock Acquired by Cornerstone Wealth Management LLC

Cornerstone Wealth Management LLC grew its stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 17.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 99,400 shares of the company’s stock after buying an additional 14,778 shares during the period. Cornerstone Wealth Management LLC owned 0.25% of Invesco RAFI Developed Markets ex-U.S. ETF worth $7,577,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Johnson & White Wealth Management LLC lifted its position in Invesco RAFI Developed Markets ex-U.S. ETF by 0.5% during the 3rd quarter. Johnson & White Wealth Management LLC now owns 394,530 shares of the company’s stock worth $30,075,000 after acquiring an additional 2,036 shares during the period. Ashton Thomas Private Wealth LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at about $432,000. Commonwealth Equity Services LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at about $5,821,000. Basso Capital Management L.P. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at about $2,353,000. Finally, Vise Technologies Inc. increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 11.2% in the third quarter. Vise Technologies Inc. now owns 24,494 shares of the company’s stock valued at $1,867,000 after purchasing an additional 2,473 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Performance

Shares of PXF stock opened at $76.06 on Wednesday. Invesco RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $60.93 and a fifty-two week high of $80.65. The firm has a market capitalization of $3.00 billion, a PE ratio of 12.91 and a beta of 0.76. The stock’s 50-day simple moving average is $77.17 and its 200-day simple moving average is $75.30.

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