Johnson & White Wealth Management LLC Raises Stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Johnson & White Wealth Management LLC boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 8.9% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 344,127 shares of the company’s stock after acquiring an additional 28,139 shares during the quarter. Invesco FTSE RAFI Developed Markets ex-U.S. ETF comprises about 9.9% of Johnson & White Wealth Management LLC’s investment portfolio, making the stock its biggest holding. Johnson & White Wealth Management LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $16,429,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Moisand Fitzgerald Tamayo LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 75.4% in the 3rd quarter. Moisand Fitzgerald Tamayo LLC now owns 477 shares of the company’s stock worth $25,000 after purchasing an additional 205 shares in the last quarter. Empirical Asset Management LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4.2% during the 3rd quarter. Empirical Asset Management LLC now owns 5,716 shares of the company’s stock valued at $298,000 after acquiring an additional 231 shares in the last quarter. Drive Wealth Management LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.2% during the 3rd quarter. Drive Wealth Management LLC now owns 29,080 shares of the company’s stock valued at $1,516,000 after acquiring an additional 343 shares in the last quarter. Lowe Wealth Advisors LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.6% during the 3rd quarter. Lowe Wealth Advisors LLC now owns 16,834 shares of the company’s stock valued at $878,000 after acquiring an additional 425 shares in the last quarter. Finally, JFS Wealth Advisors LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3.6% during the 3rd quarter. JFS Wealth Advisors LLC now owns 13,850 shares of the company’s stock valued at $722,000 after acquiring an additional 483 shares in the last quarter.

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

NYSEARCA:PXF opened at $47.39 on Tuesday. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $45.50 and a fifty-two week high of $52.89. The stock’s 50-day moving average is $48.81 and its two-hundred day moving average is $49.82. The stock has a market cap of $1.64 billion, a PE ratio of 11.95 and a beta of 0.79.

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