Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Sees Large Decrease in Short Interest

Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) was the target of a large drop in short interest in the month of May. As of May 15th, there was short interest totaling 67,539 shares, a drop of 71.7% from the April 30th total of 238,718 shares. Approximately 0.2% of the shares of the stock are short sold. Based on an average daily trading volume, of 88,533 shares, the days-to-cover ratio is currently 0.8 days.

Hedge Funds Weigh In On Invesco RAFI Developed Markets ex-U.S. ETF

Several hedge funds and other institutional investors have recently modified their holdings of PXF. Root Financial Partners LLC increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 3.6% during the 4th quarter. Root Financial Partners LLC now owns 4,336 shares of the company’s stock worth $284,000 after purchasing an additional 151 shares in the last quarter. Colonial River Investments LLC increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 1.7% during the 4th quarter. Colonial River Investments LLC now owns 13,212 shares of the company’s stock worth $866,000 after purchasing an additional 225 shares in the last quarter. Aptus Capital Advisors LLC increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 8.7% during the 4th quarter. Aptus Capital Advisors LLC now owns 2,976 shares of the company’s stock worth $195,000 after purchasing an additional 237 shares in the last quarter. Blair William & Co. IL increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 11.6% during the 4th quarter. Blair William & Co. IL now owns 2,428 shares of the company’s stock worth $159,000 after purchasing an additional 252 shares in the last quarter. Finally, Geneos Wealth Management Inc. increased its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 3.9% during the 4th quarter. Geneos Wealth Management Inc. now owns 6,919 shares of the company’s stock worth $454,000 after purchasing an additional 261 shares in the last quarter.

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

Invesco RAFI Developed Markets ex-U.S. ETF stock opened at $77.58 on Friday. The company has a market capitalization of $2.90 billion, a PE ratio of 12.91 and a beta of 0.72. Invesco RAFI Developed Markets ex-U.S. ETF has a one year low of $55.11 and a one year high of $77.92. The business has a 50 day simple moving average of $73.24 and a 200 day simple moving average of $69.91.

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.