Red Tortoise LLC Grows Position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Red Tortoise LLC lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 0.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 38,155 shares of the company’s stock after purchasing an additional 261 shares during the quarter. Invesco FTSE RAFI Developed Markets ex-U.S. ETF comprises approximately 1.0% of Red Tortoise LLC’s investment portfolio, making the stock its 20th biggest position. Red Tortoise LLC owned 0.11% of Invesco FTSE RAFI Developed Markets ex-U.S. ETF worth $1,808,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the business. Charles Schwab Investment Advisory Inc. lifted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 13.3% during the 1st quarter. Charles Schwab Investment Advisory Inc. now owns 11,058,950 shares of the company’s stock worth $510,149,000 after acquiring an additional 1,299,137 shares in the last quarter. Invesco Ltd. boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 5.3% during the 1st quarter. Invesco Ltd. now owns 1,574,000 shares of the company’s stock valued at $72,609,000 after acquiring an additional 78,829 shares during the period. Bank of America Corp DE boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 8.5% during the 1st quarter. Bank of America Corp DE now owns 1,549,316 shares of the company’s stock valued at $68,263,000 after acquiring an additional 121,480 shares during the period. Morgan Stanley boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 8.0% during the 3rd quarter. Morgan Stanley now owns 1,041,436 shares of the company’s stock valued at $45,334,000 after acquiring an additional 77,410 shares during the period. Finally, Bank of New York Mellon Corp purchased a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at about $30,857,000.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Up 0.4 %

Invesco FTSE RAFI Developed Markets ex-U.S. ETF stock traded up $0.19 during midday trading on Wednesday, reaching $47.87. 47,059 shares of the stock traded hands, compared to its average volume of 78,533. The company has a 50-day simple moving average of $48.47 and a two-hundred day simple moving average of $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. The firm has a market cap of $1.66 billion, a PE ratio of 11.49 and a beta of 0.80.

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.