Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Hits New 1-Year High – Here’s Why

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) hit a new 52-week high on Thursday . The company traded as high as $79.34 and last traded at $79.27, with a volume of 54277 shares changing hands. The stock had previously closed at $78.72.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 0.3%

The company’s 50-day moving average price is $76.54 and its two-hundred day moving average price is $74.36. The company has a market cap of $2.99 billion, a P/E ratio of 12.91 and a beta of 0.74.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of PXF. Brown Brothers Harriman & Co. acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth $26,000. Tidemark LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at $27,000. Osbon Capital Management LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at $27,000. International Assets Investment Management LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter worth about $38,000. Finally, Robinswood Financial LLC purchased a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter worth about $38,000.

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.