Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Unusually-High Trading Volume – Still a Buy?

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXFGet Free Report) saw unusually-high trading volume on Thursday . Approximately 213,502 shares changed hands during trading, an increase of 214% from the previous session’s volume of 68,031 shares.The stock last traded at $47.66 and had previously closed at $47.77.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Up 0.1 %

The business’s 50-day simple moving average is $49.70 and its 200 day simple moving average is $50.02. The firm has a market cap of $1.65 billion, a PE ratio of 11.95 and a beta of 0.79.

Institutional Investors Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Moisand Fitzgerald Tamayo LLC grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 75.4% during the third quarter. Moisand Fitzgerald Tamayo LLC now owns 477 shares of the company’s stock worth $25,000 after acquiring an additional 205 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1,769.7% during the third quarter. Farther Finance Advisors LLC now owns 617 shares of the company’s stock worth $32,000 after purchasing an additional 584 shares in the last quarter. MCF Advisors LLC raised 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 worth $33,000 after purchasing an additional 598 shares during the last quarter. Hara Capital LLC acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth about $37,000. Finally, Aptus Capital Advisors LLC acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 2nd quarter worth $69,000.

About Invesco FTSE RAFI Developed Markets ex-U.S. ETF

(Get Free Report)

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.

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