Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Volume Increase – Here’s What Happened

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) shares saw an uptick in trading volume on Tuesday . 176,529 shares were traded during mid-day trading, an increase of 168% from the previous session’s volume of 65,890 shares.The stock last traded at $48.57 and had previously closed at $49.66.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Up 0.7 %

The stock has a market cap of $1.69 billion, a P/E ratio of 11.95 and a beta of 0.79. The company’s 50 day moving average price is $50.74 and its 200-day moving average price is $50.19.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. Moisand Fitzgerald Tamayo LLC raised its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 75.4% in the third quarter. Moisand Fitzgerald Tamayo LLC now owns 477 shares of the company’s stock worth $25,000 after acquiring an additional 205 shares during the period. Farther Finance Advisors LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1,769.7% in the third quarter. Farther Finance Advisors LLC now owns 617 shares of the company’s stock valued at $32,000 after acquiring an additional 584 shares during the period. MCF Advisors LLC boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 776.6% during the 2nd quarter. MCF Advisors LLC now owns 675 shares of the company’s stock valued at $33,000 after purchasing an additional 598 shares in the last quarter. Hara Capital LLC bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth about $37,000. Finally, Aptus Capital Advisors LLC bought a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 2nd quarter worth about $69,000.

About Invesco FTSE RAFI Developed Markets ex-U.S. ETF

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.