Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Shares Sold by Raymond James Financial Services Advisors Inc.

Raymond James Financial Services Advisors Inc. cut its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 52.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,370 shares of the company’s stock after selling 10,374 shares during the period. Raymond James Financial Services Advisors Inc.’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $444,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the stock. Charles Schwab Investment Advisory Inc. grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 13.3% in the first quarter. Charles Schwab Investment Advisory Inc. now owns 11,058,950 shares of the company’s stock worth $510,149,000 after purchasing an additional 1,299,137 shares in the last quarter. Bank of New York Mellon Corp bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the third quarter worth $30,857,000. CI Private Wealth LLC bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the fourth quarter worth $27,102,000. Jane Street Group LLC bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the second quarter worth $20,662,000. Finally, Equitable Holdings Inc. bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the first quarter worth $6,199,000.

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

Shares of PXF stock opened at $48.00 on Friday. The stock has a 50-day simple moving average of $48.55 and a 200 day simple moving average of $46.40. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $41.50 and a fifty-two week high of $50.11. The stock has a market capitalization of $1.66 billion, a P/E ratio of 11.49 and a beta of 0.80.

About Invesco FTSE 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.