Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Unusually-High Trading Volume – Here’s What Happened

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) saw unusually-high trading volume on Friday . Approximately 28,121 shares changed hands during mid-day trading, a decline of 46% from the previous session’s volume of 51,660 shares.The stock last traded at $47.87 and had previously closed at $47.74.

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

The firm has a market cap of $1.66 billion, a PE ratio of 11.95 and a beta of 0.79. The stock has a 50-day simple moving average of $49.03 and a two-hundred day simple moving average of $49.84.

Institutional Investors Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. ETF

A number of large investors have recently added to or reduced their stakes in PXF. Moisand Fitzgerald Tamayo LLC grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 75.4% during the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 477 shares of the company’s stock valued at $25,000 after purchasing an additional 205 shares during the period. Empirical Asset Management LLC increased its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4.2% during the third quarter. Empirical Asset Management LLC now owns 5,716 shares of the company’s stock valued at $298,000 after buying an additional 231 shares during the last quarter. Drive Wealth Management LLC increased its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.2% during the third quarter. Drive Wealth Management LLC now owns 29,080 shares of the company’s stock valued at $1,516,000 after buying an additional 343 shares during the last quarter. Lowe Wealth Advisors LLC raised its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.6% in the third quarter. Lowe Wealth Advisors LLC now owns 16,834 shares of the company’s stock worth $878,000 after acquiring an additional 425 shares during the period. Finally, JFS Wealth Advisors LLC boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3.6% during the 3rd quarter. JFS Wealth Advisors LLC now owns 13,850 shares of the company’s stock worth $722,000 after acquiring an additional 483 shares during the last quarter.

Invesco FTSE 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.