Highland Investment Advisors LLC Invests $3.44 Million in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Highland Investment Advisors LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 45,448 shares of the company’s stock, valued at approximately $3,438,000. Invesco RAFI Developed Markets ex-U.S. ETF comprises 1.5% of Highland Investment Advisors LLC’s portfolio, making the stock its 14th biggest position.

A number of other hedge funds have also made changes to their positions in PXF. Triumph Capital Management raised its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 21.5% during the 2nd quarter. Triumph Capital Management now owns 1,182 shares of the company’s stock worth $89,000 after acquiring an additional 209 shares in the last quarter. Gill Capital Partners LLC boosted its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 4,124.3% in the second quarter. Gill Capital Partners LLC now owns 2,957 shares of the company’s stock valued at $224,000 after purchasing an additional 2,887 shares in the last quarter. First Bancorp Inc ME acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the second quarter valued at approximately $44,000. JFS Wealth Advisors LLC increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 3.0% in the second quarter. JFS Wealth Advisors LLC now owns 11,450 shares of the company’s stock valued at $866,000 after purchasing an additional 338 shares during the last quarter. Finally, Breakwater Capital Group increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 1.1% in the second quarter. Breakwater Capital Group now owns 118,700 shares of the company’s stock valued at $8,978,000 after purchasing an additional 1,252 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 0.2%

PXF stock opened at $80.44 on Friday. Invesco RAFI Developed Markets ex-U.S. ETF has a twelve month low of $60.17 and a twelve month high of $80.59. The company’s 50 day moving average is $77.45 and its two-hundred day moving average is $75.17. The stock has a market cap of $3.02 billion, a P/E ratio of 12.91 and a beta of 0.74.

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