Align Financial LLC Makes New $24.34 Million Investment in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Align Financial LLC acquired a new position in Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 371,247 shares of the company’s stock, valued at approximately $24,335,000. Align Financial LLC owned 1.06% of Invesco RAFI Developed Markets ex-U.S. ETF at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of the company. Integrated Advisors Network LLC boosted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 8.7% during the fourth quarter. Integrated Advisors Network LLC now owns 23,236 shares of the company’s stock valued at $1,523,000 after acquiring an additional 1,863 shares during the period. AQR Capital Management LLC bought a new stake in Invesco RAFI Developed Markets ex-U.S. ETF in the fourth quarter worth about $870,000. Cetera Investment Advisers raised its position in Invesco RAFI Developed Markets ex-U.S. ETF by 6.1% in the fourth quarter. Cetera Investment Advisers now owns 208,758 shares of the company’s stock worth $13,683,000 after acquiring an additional 11,916 shares in the last quarter. Osaic Holdings Inc. increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 6.0% in the 4th quarter. Osaic Holdings Inc. now owns 109,649 shares of the company’s stock worth $7,188,000 after purchasing an additional 6,171 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 101.1% in 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 Trading Down 0.8%

Shares of PXF opened at $77.20 on Thursday. Invesco RAFI Developed Markets ex-U.S. ETF has a 1-year low of $55.11 and a 1-year high of $78.96. The business’s 50-day moving average price is $75.44 and its 200 day moving average price is $71.32. The stock has a market capitalization of $2.89 billion, a P/E 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.