Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sets New 1-Year High – Time to Buy?

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)’s share price hit a new 52-week high on Monday . The company traded as high as $76.49 and last traded at $76.49, with a volume of 620 shares traded. The stock had previously closed at $74.99.

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

The stock’s fifty day moving average price is $71.93 and its two-hundred day moving average price is $68.42. The company has a market cap of $2.86 billion, a P/E ratio of 12.91 and a beta of 0.72.

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

Institutional investors and hedge funds have recently made changes to their positions in the company. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $26,000. Tidemark LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $27,000. Osbon Capital Management LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $27,000. International Assets Investment Management LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 1st quarter worth approximately $38,000. Finally, Bogart Wealth LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth approximately $40,000.

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.