Financial Advocates Investment Management Takes $269,000 Position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Financial Advocates Investment Management purchased a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 5,615 shares of the company’s stock, valued at approximately $269,000.

A number of other institutional investors have also made changes to their positions in the stock. CWM LLC boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 27.6% during the third quarter. CWM LLC now owns 3,865 shares of the company’s stock worth $201,000 after buying an additional 836 shares during the last quarter. Retirement Planning Group LLC raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 11.9% in the 3rd quarter. Retirement Planning Group LLC now owns 87,607 shares of the company’s stock valued at $4,567,000 after acquiring an additional 9,299 shares during the period. Empirical Asset Management LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4.2% during the 3rd quarter. Empirical Asset Management LLC now owns 5,716 shares of the company’s stock worth $298,000 after acquiring an additional 231 shares during the last quarter. Creative Planning grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 7.4% during the third quarter. Creative Planning now owns 62,699 shares of the company’s stock valued at $3,269,000 after purchasing an additional 4,303 shares during the period. Finally, Cornerstone Wealth Management LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 7.9% in the third quarter. Cornerstone Wealth Management LLC now owns 37,431 shares of the company’s stock valued at $1,951,000 after purchasing an additional 2,750 shares in the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Down 0.6 %

Shares of NYSEARCA PXF opened at $50.35 on Monday. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a twelve month low of $45.89 and a twelve month high of $52.89. The stock has a market cap of $1.74 billion, a price-to-earnings ratio of 11.95 and a beta of 0.79. The company’s fifty day moving average is $48.92 and its 200-day moving average is $49.76.

About Invesco FTSE 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.