Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Hits New 12-Month High at $51.58

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) reached a new 52-week high during trading on Friday . The company traded as high as $51.58 and last traded at $51.58, with a volume of 4886 shares trading hands. The stock had previously closed at $50.61.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Price Performance

The company’s fifty day moving average price is $49.47 and its 200 day moving average price is $49.24. The company has a market cap of $1.78 billion, a PE ratio of 11.95 and a beta of 0.79.

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

Several institutional investors and hedge funds have recently bought and sold shares of the company. MCF Advisors LLC grew its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 776.6% during the 2nd quarter. MCF Advisors LLC now owns 675 shares of the company’s stock valued at $33,000 after purchasing an additional 598 shares in the last quarter. Johnson Financial Group Inc. raised its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 305.1% in the 4th quarter. Johnson Financial Group Inc. now owns 798 shares of the company’s stock valued at $38,000 after acquiring an additional 601 shares in the last quarter. Fifth Third Bancorp purchased a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 1st quarter valued at about $39,000. Aptus Capital Advisors LLC bought a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 2nd quarter valued at about $69,000. Finally, Woodmont Investment Counsel LLC bought a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 1st quarter valued at about $70,000.

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.