Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Hits New 52-Week High – Should You Buy?

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)’s share price reached a new 52-week high during trading on Thursday . The company traded as high as $76.00 and last traded at $75.89, with a volume of 187535 shares changing hands. The stock had previously closed at $75.06.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 1.1%

The stock has a market cap of $2.65 billion, a PE ratio of 12.91 and a beta of 0.82. The business has a 50-day moving average price of $69.51 and a 200-day moving average price of $64.61.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. ETF

Several institutional investors have recently modified their holdings of PXF. Root Financial Partners LLC increased its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.6% during the fourth quarter. Root Financial Partners LLC now owns 4,336 shares of the company’s stock worth $284,000 after purchasing an additional 151 shares in the last quarter. AE Wealth Management LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% in the 2nd quarter. AE Wealth Management LLC now owns 3,456 shares of the company’s stock valued at $198,000 after buying an additional 201 shares in the last quarter. Colonial River Investments LLC boosted its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 1.7% in the 4th quarter. Colonial River Investments LLC now owns 13,212 shares of the company’s stock worth $866,000 after buying an additional 225 shares during the last quarter. Aptus Capital Advisors LLC increased its stake in 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 worth $195,000 after buying an additional 237 shares in the last quarter. Finally, Red Tortoise LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 0.6% during the third 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 last quarter.

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.