Invesco RAFI Developed Markets ex-U.S. ETF $PXF Stock: Parallel Advisors LLC Reduces Holdings

Parallel Advisors LLC lessened its stake in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 78.2% in the 3rd quarter, Holdings Channel reports. The firm owned 6,498 shares of the company’s stock after selling 23,329 shares during the period. Parallel Advisors LLC’s holdings in Invesco RAFI Developed Markets ex-U.S. ETF were worth $495,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. BIP Wealth LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 0.4% during the third quarter. BIP Wealth LLC now owns 43,264 shares of the company’s stock worth $3,298,000 after purchasing an additional 187 shares in the last quarter. Triumph Capital Management grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 21.5% in the second quarter. Triumph Capital Management now owns 1,182 shares of the company’s stock valued at $89,000 after buying an additional 209 shares in the last quarter. CoreCap Advisors LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 6.2% in the 2nd quarter. CoreCap Advisors LLC now owns 4,668 shares of the company’s stock valued at $353,000 after buying an additional 271 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.6% in the 1st quarter. Geneos Wealth Management Inc. now owns 7,235 shares of the company’s stock valued at $506,000 after buying an additional 316 shares during the period. Finally, JFS Wealth Advisors LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.0% in the 2nd quarter. JFS Wealth Advisors LLC now owns 11,450 shares of the company’s stock valued at $866,000 after buying an additional 338 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Down 0.2%

PXF opened at $76.20 on Friday. The stock’s 50-day moving average price is $77.06 and its 200 day moving average price is $75.37. Invesco RAFI Developed Markets ex-U.S. ETF has a 12-month low of $60.93 and a 12-month high of $80.65. The firm has a market cap of $3.01 billion, a price-to-earnings ratio of 13.50 and a beta of 0.76.

Invesco 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.