Flatrock Wealth Partners LLC Takes $665,000 Position in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Flatrock Wealth Partners LLC bought a new position in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 9,514 shares of the company’s stock, valued at approximately $665,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PXF. Northwestern Mutual Wealth Management Co. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 444.9% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 794,407 shares of the company’s stock worth $52,073,000 after acquiring an additional 648,623 shares during the last quarter. Sanctuary Advisors LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF in the 4th quarter valued at about $36,259,000. Bank of New York Mellon Corp grew its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 44.8% during the 4th quarter. Bank of New York Mellon Corp now owns 1,204,516 shares of the company’s stock worth $78,950,000 after purchasing an additional 372,856 shares during the period. Align Financial LLC purchased a new stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF during the 4th quarter worth about $24,335,000. Finally, Captrust Financial Advisors increased its position in Invesco RAFI Developed Markets ex-U.S. ETF by 101.1% during the 4th quarter. Captrust Financial Advisors now owns 264,919 shares of the company’s stock worth $17,365,000 after purchasing an additional 133,160 shares in the last quarter.

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

NYSEARCA PXF opened at $75.74 on Wednesday. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $56.77 and a one year high of $78.96. The company’s 50 day moving average price is $76.15 and its 200 day moving average price is $72.43. The firm has a market capitalization of $2.84 billion, a price-to-earnings ratio of 12.91 and a beta of 0.73.

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.