45,448 Shares in Invesco RAFI Developed Markets ex-U.S. ETF $PXF Bought by Highland Investment Advisors LLC

Highland Investment Advisors LLC purchased a new position in shares of Invesco RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 45,448 shares of the company’s stock, valued at approximately $3,438,000. Invesco RAFI Developed Markets ex-U.S. ETF accounts for 1.5% of Highland Investment Advisors LLC’s investment portfolio, making the stock its 14th biggest position. Highland Investment Advisors LLC owned approximately 0.12% of Invesco RAFI Developed Markets ex-U.S. ETF as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of PXF. Johnson & White Wealth Management LLC grew its position in shares of Invesco RAFI Developed Markets ex-U.S. ETF by 4.0% during the fourth quarter. Johnson & White Wealth Management LLC now owns 381,199 shares of the company’s stock worth $24,986,000 after buying an additional 14,830 shares in the last quarter. Retirement Planning Group LLC raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 8.3% in the first quarter. Retirement Planning Group LLC now owns 87,083 shares of the company’s stock valued at $6,087,000 after acquiring an additional 6,677 shares in the last quarter. Maltin Wealth Management Inc. raised its holdings in Invesco RAFI Developed Markets ex-U.S. ETF by 54.5% in the first quarter. Maltin Wealth Management Inc. now owns 171,534 shares of the company’s stock valued at $11,990,000 after acquiring an additional 60,518 shares in the last quarter. Cornerstone Wealth Management LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 13.1% in the fourth quarter. Cornerstone Wealth Management LLC now owns 59,811 shares of the company’s stock worth $3,920,000 after acquiring an additional 6,905 shares during the last quarter. Finally, Commonwealth Equity Services LLC lifted its stake in Invesco RAFI Developed Markets ex-U.S. ETF by 18.0% in the fourth quarter. Commonwealth Equity Services LLC now owns 81,662 shares of the company’s stock worth $5,353,000 after acquiring an additional 12,448 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. ETF Stock Up 0.2%

NYSEARCA PXF opened at $80.44 on Friday. Invesco RAFI Developed Markets ex-U.S. ETF has a 52 week low of $60.17 and a 52 week high of $80.59. The stock has a market capitalization of $3.02 billion, a PE ratio of 12.91 and a beta of 0.74. The firm has a 50 day moving average of $77.45 and a two-hundred day moving average of $75.17.

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.