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

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) shares saw unusually-high trading volume on Monday . Approximately 206,134 shares traded hands during mid-day trading, an increase of 153% from the previous session’s volume of 81,604 shares.The stock last traded at $47.27 and had previously closed at $47.46.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Up 1.4 %

The company has a market cap of $1.67 billion, a P/E ratio of 11.95 and a beta of 0.79. The business has a 50-day moving average price of $48.75 and a two-hundred day moving average price of $49.81.

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

A number of institutional investors have recently bought and sold shares of the business. Charles Schwab Investment Management Inc. raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,355,161 shares of the company’s stock valued at $591,945,000 after acquiring an additional 234,733 shares during the period. Johnson & White Wealth Management LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 8.9% in the fourth quarter. Johnson & White Wealth Management LLC now owns 344,127 shares of the company’s stock valued at $16,429,000 after purchasing an additional 28,139 shares in the last quarter. Charles Schwab Trust Co raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 6.4% in the third quarter. Charles Schwab Trust Co now owns 323,653 shares of the company’s stock worth $16,872,000 after purchasing an additional 19,397 shares during the period. Envestnet Asset Management Inc. boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 9.2% during the second quarter. Envestnet Asset Management Inc. now owns 118,763 shares of the company’s stock worth $5,781,000 after purchasing an additional 10,026 shares in the last quarter. Finally, Bank of Montreal Can boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4,335.5% during the second quarter. Bank of Montreal Can now owns 110,665 shares of the company’s stock worth $5,638,000 after purchasing an additional 108,170 shares in the last quarter.

Invesco FTSE 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.