Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sets New 52-Week High – Here’s What Happened

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) reached a new 52-week high during mid-day trading on Wednesday . The company traded as high as $77.92 and last traded at $77.77, with a volume of 85146 shares trading hands. The stock had previously closed at $76.40.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 1.8%

The stock’s 50 day moving average price is $72.97 and its 200-day moving average price is $69.70. The stock has a market capitalization of $2.91 billion, a P/E ratio of 12.91 and a beta of 0.72.

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

Hedge funds and other institutional investors have recently modified their holdings of the business. Brown Brothers Harriman & Co. acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $26,000. Tidemark LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $27,000. Osbon Capital Management LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $27,000. International Assets Investment Management LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the first quarter valued at approximately $38,000. Finally, Bogart Wealth LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter valued at approximately $40,000.

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.