Targeted Financial Services LLC Invests $856,000 in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Targeted Financial Services LLC acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 13,058 shares of the company’s stock, valued at approximately $856,000. Invesco RAFI Developed Markets ex-U.S. ETF accounts for approximately 0.7% of Targeted Financial Services LLC’s portfolio, making the stock its 20th largest holding.

A number of other hedge funds also recently bought and sold shares of the company. Breakwater Capital Group grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 37.9% during the 4th quarter. Breakwater Capital Group now owns 112,767 shares of the company’s stock valued at $7,391,000 after purchasing an additional 31,003 shares during the period. Maltin Wealth Management Inc. lifted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.7% in the 4th quarter. Maltin Wealth Management Inc. now owns 111,016 shares of the company’s stock worth $7,277,000 after purchasing an additional 8,859 shares during the period. Sanctuary Advisors LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter worth approximately $36,259,000. Flow Traders U.S. LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the third quarter worth approximately $5,345,000. Finally, CIBC Bancorp USA Inc. purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the third quarter worth approximately $8,060,000.

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

Shares of NYSEARCA PXF opened at $77.83 on Friday. The firm has a 50 day moving average of $75.66 and a 200 day moving average of $71.47. The firm has a market capitalization of $2.91 billion, a price-to-earnings ratio of 12.91 and a beta of 0.73. Invesco RAFI Developed Markets ex-U.S. ETF has a 12-month low of $55.11 and a 12-month high of $78.96.

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.