Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sets New 12-Month High – Still a Buy?

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) hit a new 52-week high during trading on Monday . The company traded as high as $53.73 and last traded at $53.77, with a volume of 2322 shares traded. The stock had previously closed at $53.29.

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

The firm has a fifty day simple moving average of $50.53 and a 200 day simple moving average of $50.18. The company has a market capitalization of $1.92 billion, a PE ratio of 13.72 and a beta of 0.90.

Institutional Trading of Invesco FTSE RAFI Developed Markets ex-U.S. ETF

Large investors have recently added to or reduced their stakes in the company. Rothschild Investment LLC grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.1% during the 4th quarter. Rothschild Investment LLC now owns 19,895 shares of the company’s stock worth $953,000 after purchasing an additional 210 shares during the period. Red Tortoise LLC grew its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.6% during the 4th quarter. Red Tortoise LLC now owns 39,059 shares of the company’s stock valued at $1,871,000 after acquiring an additional 235 shares during the period. Drive Wealth Management LLC raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.0% during the 4th quarter. Drive Wealth Management LLC now owns 29,382 shares of the company’s stock worth $1,407,000 after buying an additional 302 shares during the period. Spire Wealth Management lifted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 19.9% during the 4th quarter. Spire Wealth Management now owns 1,842 shares of the company’s stock valued at $88,000 after buying an additional 306 shares in the last quarter. Finally, Three Bridge Wealth Advisors LLC increased its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.5% in the 4th quarter. Three Bridge Wealth Advisors LLC now owns 24,099 shares of the company’s stock worth $1,154,000 after acquiring an additional 345 shares in the last quarter.

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.