Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) Reaches New 1-Year Low – Time to Sell?

Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) hit a new 52-week low during trading on Monday . The company traded as low as $45.86 and last traded at $45.86, with a volume of 20000 shares traded. The stock had previously closed at $47.74.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Down 2.2 %

The firm’s fifty day moving average price is $51.77 and its two-hundred day moving average price is $50.36. The stock has a market capitalization of $1.60 billion, a PE ratio of 13.62 and a beta of 0.90.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.4633 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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

Hedge funds have recently bought and sold shares of the business. Brown Brothers Harriman & Co. purchased a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the fourth quarter valued at $30,000. Spire Wealth Management lifted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 19.9% in the 4th quarter. Spire Wealth Management now owns 1,842 shares of the company’s stock valued at $88,000 after buying an additional 306 shares in the last quarter. CoreCap Advisors LLC boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 16.5% in the 4th quarter. CoreCap Advisors LLC now owns 3,387 shares of the company’s stock worth $162,000 after buying an additional 479 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 42.8% in the 4th quarter. Jones Financial Companies Lllp now owns 4,984 shares of the company’s stock worth $239,000 after buying an additional 1,494 shares during the last quarter. Finally, Modera Wealth Management LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 20.2% during the 4th quarter. Modera Wealth Management LLC now owns 5,189 shares of the company’s stock worth $249,000 after buying an additional 872 shares in the last quarter.

Invesco FTSE 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.