Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Decrease in Short Interest

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the recipient of a large decrease in short interest in May. As of May 15th, there was short interest totaling 67,539 shares, a decrease of 71.7% from the April 30th total of 238,718 shares. Approximately 0.2% of the company’s stock are sold short. Based on an average daily volume of 88,533 shares, the short-interest ratio is currently 0.8 days.

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

A number of large investors have recently added to or reduced their stakes in PXF. Northwestern Mutual Wealth Management Co. increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock worth $52,073,000 after purchasing an additional 648,623 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth about $36,259,000. Bank of New York Mellon Corp boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock worth $78,950,000 after buying an additional 372,856 shares during the last quarter. Align Financial LLC bought a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth about $24,335,000. Finally, Captrust Financial Advisors raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 101.1% during the fourth quarter. Captrust Financial Advisors now owns 264,919 shares of the company’s stock worth $17,365,000 after acquiring an additional 133,160 shares in the last quarter.

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

PXF stock opened at $77.58 on Friday. The stock has a 50-day moving average price of $73.24 and a two-hundred day moving average price of $69.91. The stock has a market cap of $2.90 billion, a PE ratio of 12.91 and a beta of 0.72. Invesco RAFI Developed Markets ex-U.S. ETF has a 1 year low of $55.11 and a 1 year high of $77.92.

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.