Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Shares Sold by Archer Investment Corp

Archer Investment Corp decreased its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 2.6% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 64,018 shares of the company’s stock after selling 1,718 shares during the quarter. Invesco FTSE RAFI Developed Markets ex-U.S. ETF comprises about 1.0% of Archer Investment Corp’s investment portfolio, making the stock its 22nd biggest position. Archer Investment Corp owned about 0.18% of Invesco FTSE RAFI Developed Markets ex-U.S. ETF worth $3,034,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Charles Schwab Trust Co boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.1% during the third quarter. Charles Schwab Trust Co now owns 302,635 shares of the company’s stock worth $13,174,000 after purchasing an additional 6,269 shares during the last quarter. Geneos Wealth Management Inc. boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.4% during the third quarter. Geneos Wealth Management Inc. now owns 9,627 shares of the company’s stock worth $419,000 after purchasing an additional 229 shares during the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 13.4% during the third quarter. Cornerstone Wealth Management LLC now owns 26,087 shares of the company’s stock worth $1,136,000 after purchasing an additional 3,088 shares during the last quarter. Johnson & White Wealth Management LLC boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.8% during the fourth quarter. Johnson & White Wealth Management LLC now owns 236,168 shares of the company’s stock worth $11,193,000 after purchasing an additional 1,790 shares during the last quarter. Finally, Advisor OS LLC boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.9% during the third quarter. Advisor OS LLC now owns 23,956 shares of the company’s stock worth $1,043,000 after purchasing an additional 681 shares during the last quarter.

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

Shares of PXF traded up $0.17 during trading hours on Wednesday, hitting $47.85. The stock had a trading volume of 41,375 shares, compared to its average volume of 78,343. The firm has a market cap of $1.66 billion, a P/E ratio of 11.49 and a beta of 0.80. The company’s fifty day simple moving average is $48.47 and its 200 day simple moving average is $46.31. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 12-month low of $41.50 and a 12-month high of $50.11.

Invesco FTSE 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.