KWB Wealth Trims Stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

KWB Wealth reduced its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 72.3% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 68,821 shares of the company’s stock after selling 179,264 shares during the period. KWB Wealth’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $3,417,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in PXF. Charles Schwab Investment Advisory Inc. lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.9% in the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 11,838,920 shares of the company’s stock valued at $561,091,000 after purchasing an additional 220,585 shares during the last quarter. Cedar Point Capital Partners LLC acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at about $1,295,000. Johnson & White Wealth Management LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 11.4% in the 1st quarter. Johnson & White Wealth Management LLC now owns 263,061 shares of the company’s stock valued at $13,061,000 after acquiring an additional 26,893 shares during the period. Wealth Enhancement Advisory Services LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 71.3% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 50,439 shares of the company’s stock valued at $2,504,000 after acquiring an additional 20,994 shares during the period. Finally, Fortis Capital Advisors LLC acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at about $948,000.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Up 1.6 %

PXF stock traded up $0.77 during trading on Thursday, hitting $49.74. The company had a trading volume of 33,365 shares, compared to its average volume of 68,834. The firm has a market cap of $1.72 billion, a PE ratio of 11.95 and a beta of 0.79. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 1-year low of $41.50 and a 1-year high of $51.36. The firm has a 50-day moving average price of $49.84 and a 200-day moving average price of $48.51.

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.