Retirement Planning Group LLC Makes New $6.83 Million Investment in Invesco RAFI Developed Markets ex-U.S. ETF $PXF

Retirement Planning Group LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 89,665 shares of the company’s stock, valued at approximately $6,835,000. Retirement Planning Group LLC owned 0.23% 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 bought and sold shares of the business. Bank of America Corp DE increased its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 7.5% in the first quarter. Bank of America Corp DE now owns 963,927 shares of the company’s stock valued at $67,379,000 after purchasing an additional 67,149 shares during the period. Sanctuary Advisors LLC raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.7% in the first quarter. Sanctuary Advisors LLC now owns 579,402 shares of the company’s stock valued at $40,500,000 after buying an additional 26,215 shares during the last quarter. Royal Bank of Canada raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 82.1% in the first quarter. Royal Bank of Canada now owns 216,926 shares of the company’s stock valued at $15,163,000 after buying an additional 97,806 shares during the last quarter. Maltin Wealth Management Inc. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 3.7% in the third quarter. Maltin Wealth Management Inc. now owns 188,561 shares of the company’s stock valued at $14,374,000 after buying an additional 6,734 shares during the last quarter. Finally, Breakwater Capital Group boosted its stake in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 10.0% during the third quarter. Breakwater Capital Group now owns 130,622 shares of the company’s stock worth $9,957,000 after buying an additional 11,922 shares during the period.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Down 0.5%

NYSEARCA PXF opened at $75.89 on Tuesday. Invesco RAFI Developed Markets ex-U.S. ETF has a 52-week low of $60.93 and a 52-week high of $80.65. The business’s 50-day moving average price is $78.17 and its 200 day moving average price is $76.47. The firm has a market cap of $2.92 billion, a P/E ratio of 12.91 and a beta of 0.75.

About Invesco 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.