CIBC Bancorp USA Inc. Takes Position in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

CIBC Bancorp USA Inc. purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 131,755 shares of the company’s stock, valued at approximately $8,060,000. CIBC Bancorp USA Inc. owned about 0.38% of Invesco RAFI Developed Markets ex-U.S. ETF at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the business. Newbridge Financial Services Group Inc. acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF in the second quarter worth $44,000. Palisade Asset Management LLC acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the third quarter valued at $47,000. Triumph Capital Management acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the third quarter valued at $59,000. Blue Trust Inc. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 84.6% in the third quarter. Blue Trust Inc. now owns 1,283 shares of the company’s stock valued at $78,000 after buying an additional 588 shares during the last quarter. Finally, NewEdge Advisors LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 376.7% in the first quarter. NewEdge Advisors LLC now owns 2,393 shares of the company’s stock valued at $124,000 after buying an additional 1,891 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Down 3.1%

Shares of NYSEARCA PXF opened at $67.84 on Friday. The company has a market cap of $2.37 billion, a price-to-earnings ratio of 12.91 and a beta of 0.82. Invesco RAFI Developed Markets ex-U.S. ETF has a 12-month low of $45.78 and a 12-month high of $76.36. The firm’s 50-day simple moving average is $71.35 and its 200 day simple moving average is $65.89.

About Invesco 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.