Shakespeare Wealth Management LLC Grows Stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Shakespeare Wealth Management LLC grew its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 8.5% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 32,895 shares of the company’s stock after purchasing an additional 2,568 shares during the period. Invesco FTSE RAFI Developed Markets ex-U.S. ETF makes up about 0.4% of Shakespeare Wealth Management LLC’s portfolio, making the stock its 28th biggest holding. Shakespeare Wealth Management LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $1,575,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the business. Brown Brothers Harriman & Co. acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the fourth quarter worth about $30,000. Spire Wealth Management raised its position in shares of 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 purchasing an additional 306 shares during the last quarter. Jones Financial Companies Lllp grew its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 42.8% during the 4th quarter. Jones Financial Companies Lllp now owns 4,984 shares of the company’s stock worth $239,000 after purchasing an additional 1,494 shares during the last quarter. Modera Wealth Management LLC grew its position 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 purchasing an additional 872 shares during the last quarter. Finally, Larson Financial Group LLC increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 99.0% during the 4th quarter. Larson Financial Group LLC now owns 5,255 shares of the company’s stock valued at $252,000 after purchasing an additional 2,614 shares in the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Down 6.4 %

NYSEARCA:PXF opened at $47.74 on Monday. The company has a market capitalization of $1.64 billion, a P/E ratio of 13.62 and a beta of 0.90. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 12 month low of $46.21 and a 12 month high of $54.49. The firm has a fifty day simple moving average of $51.77 and a 200-day simple moving average of $50.36.

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

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

Invesco FTSE 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.