Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw unusually-high trading volume on Tuesday . Approximately 1,143,026 shares traded hands during mid-day trading, an increase of 1,111% from the previous session’s volume of 94,408 shares.The stock last traded at $73.1040 and had previously closed at $74.08.

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

The company has a 50-day simple moving average of $68.54 and a two-hundred day simple moving average of $64.03. The firm has a market capitalization of $2.59 billion, a P/E ratio of 12.91 and a beta of 0.82.

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

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Root Financial Partners LLC boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 4,336 shares of the company’s stock worth $284,000 after acquiring an additional 151 shares during the last quarter. AE Wealth Management LLC raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% in the second quarter. AE Wealth Management LLC now owns 3,456 shares of the company’s stock worth $198,000 after buying an additional 201 shares during the period. Colonial River Investments LLC lifted its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 1.7% during the 4th quarter. Colonial River Investments LLC now owns 13,212 shares of the company’s stock valued at $866,000 after buying an additional 225 shares in the last quarter. Aptus Capital Advisors LLC grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.7% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,976 shares of the company’s stock valued at $195,000 after acquiring an additional 237 shares during the period. Finally, Red Tortoise LLC grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 0.6% during the 3rd quarter. Red Tortoise LLC now owns 39,839 shares of the company’s stock valued at $2,437,000 after acquiring an additional 244 shares during the period.

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.