Northwestern Mutual Wealth Management Co. Purchases 648,623 Shares of Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Northwestern Mutual Wealth Management Co. increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 444.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 794,407 shares of the company’s stock after acquiring an additional 648,623 shares during the period. Northwestern Mutual Wealth Management Co. owned about 2.27% of Invesco RAFI Developed Markets ex-U.S. ETF worth $52,073,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. Revolve Wealth Partners LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at about $367,000. Royal Bank of Canada boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.1% in the 1st quarter. Royal Bank of Canada now owns 118,946 shares of the company’s stock worth $6,184,000 after buying an additional 6,833 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% in the first quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock valued at $124,000 after acquiring an additional 1,891 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 54.9% in the first quarter. Jones Financial Companies Lllp now owns 7,721 shares of the company’s stock valued at $401,000 after acquiring an additional 2,737 shares in the last quarter. Finally, Goldman Sachs Group Inc. purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the first quarter valued at approximately $1,306,000.

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

NYSEARCA PXF opened at $75.73 on Tuesday. The company has a market capitalization of $2.83 billion, a PE ratio of 12.91 and a beta of 0.72. Invesco RAFI Developed Markets ex-U.S. ETF has a 52-week low of $55.11 and a 52-week high of $76.96. The company has a 50-day simple moving average of $72.23 and a 200 day simple moving average of $69.10.

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.