Red Tortoise LLC Buys 316 Shares of Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Red Tortoise LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 0.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 39,595 shares of the company’s stock after purchasing an additional 316 shares during the period. Invesco RAFI Developed Markets ex-U.S. ETF accounts for about 1.1% of Red Tortoise LLC’s investment portfolio, making the stock its 21st biggest holding. Red Tortoise LLC owned about 0.11% of Invesco RAFI Developed Markets ex-U.S. ETF worth $2,274,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its position in Invesco RAFI Developed Markets ex-U.S. ETF by 20.5% during the 1st quarter. Bank of New York Mellon Corp now owns 872,105 shares of the company’s stock valued at $45,341,000 after acquiring an additional 148,370 shares in the last quarter. Goldman Sachs Group Inc. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the first quarter worth $1,306,000. Sequoia Financial Advisors LLC grew its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 4.0% in the first quarter. Sequoia Financial Advisors LLC now owns 7,298 shares of the company’s stock worth $379,000 after purchasing an additional 283 shares during the period. Blair William & Co. IL raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 101.2% in the first quarter. Blair William & Co. IL now owns 1,026 shares of the company’s stock worth $53,000 after purchasing an additional 516 shares in the last quarter. Finally, IFP Advisors Inc purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF during the first quarter valued at $134,000.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 0.9%

Shares of PXF stock opened at $62.14 on Monday. The company’s fifty day moving average price is $60.19 and its 200-day moving average price is $56.66. The stock has a market cap of $2.17 billion, a PE ratio of 12.91 and a beta of 0.90. Invesco RAFI Developed Markets ex-U.S. ETF has a 12 month low of $45.78 and a 12 month high of $62.24.

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

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.