Envestnet Asset Management Inc. Lowers Stock Position in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Envestnet Asset Management Inc. reduced its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 5.2% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 92,898 shares of the company’s stock after selling 5,146 shares during the period. Envestnet Asset Management Inc.’s holdings in Invesco RAFI Developed Markets ex-U.S. ETF were worth $5,293,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in PXF. Harbour Investments Inc. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 103.9% in the 2nd quarter. Harbour Investments Inc. now owns 883 shares of the company’s stock valued at $51,000 after buying an additional 450 shares during the last quarter. AlphaCore Capital LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 1st quarter worth approximately $50,000. Blair William & Co. IL grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 101.2% in the first quarter. Blair William & Co. IL now owns 1,026 shares of the company’s stock valued at $53,000 after acquiring an additional 516 shares in the last quarter. Abound Wealth Management purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the second quarter valued at approximately $62,000. Finally, Harbor Asset Planning Inc. bought a new stake in Invesco RAFI Developed Markets ex-U.S. ETF during the second quarter worth $65,000.

Invesco RAFI Developed Markets ex-U.S. ETF Trading Up 0.8%

PXF stock opened at $64.15 on Thursday. The stock has a market cap of $2.22 billion, a P/E ratio of 12.91 and a beta of 0.82. The stock’s fifty day simple moving average is $61.73 and its two-hundred day simple moving average is $58.85. Invesco RAFI Developed Markets ex-U.S. ETF has a 1-year low of $45.78 and a 1-year high of $64.23.

Invesco 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.