Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Short Interest Update

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the target of a significant growth in short interest in February. As of February 27th, there was short interest totaling 282,334 shares, a growth of 325.0% from the February 12th total of 66,428 shares. Based on an average trading volume of 308,352 shares, the short-interest ratio is currently 0.9 days. Approximately 0.8% of the company’s stock are short sold. Approximately 0.8% of the company’s stock are short sold. Based on an average trading volume of 308,352 shares, the short-interest ratio is currently 0.9 days.

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

Several large investors have recently modified their holdings of PXF. Charles Schwab Investment Management Inc. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 1.4% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 11,861,260 shares of the company’s stock valued at $681,074,000 after purchasing an additional 161,989 shares in the last quarter. Invesco Ltd. boosted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 2.9% during the 2nd quarter. Invesco Ltd. now owns 4,588,907 shares of the company’s stock valued at $263,495,000 after purchasing an additional 130,557 shares during the last quarter. Bank of New York Mellon Corp boosted its stake in 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 valued at $78,950,000 after purchasing an additional 372,856 shares during the last quarter. Bank of America Corp DE raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.0% in the third quarter. Bank of America Corp DE now owns 937,059 shares of the company’s stock worth $57,325,000 after purchasing an additional 53,267 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock valued at $52,073,000 after purchasing an additional 648,623 shares in the last quarter.

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

Shares of PXF opened at $69.69 on Friday. The firm’s 50-day simple moving average is $71.01 and its two-hundred day simple moving average is $65.49. Invesco RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $45.78 and a fifty-two week high of $76.36. The stock has a market cap of $2.44 billion, a PE ratio of 12.91 and a beta of 0.82.

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.