Larson Financial Group LLC Cuts Position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Larson Financial Group LLC lessened its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 63.8% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 837 shares of the company’s stock after selling 1,474 shares during the quarter. Larson Financial Group LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $40,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Bank of New York Mellon Corp purchased a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF in the 3rd quarter worth approximately $30,857,000. LPL Financial LLC boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 24.6% in the 3rd quarter. LPL Financial LLC now owns 682,312 shares of the company’s stock worth $29,701,000 after purchasing an additional 134,735 shares during the period. Charles Schwab Trust Co boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3.5% in the 4th quarter. Charles Schwab Trust Co now owns 313,214 shares of the company’s stock worth $14,844,000 after purchasing an additional 10,579 shares during the period. Envestnet Asset Management Inc. boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 21.3% in the 3rd quarter. Envestnet Asset Management Inc. now owns 309,169 shares of the company’s stock worth $13,458,000 after purchasing an additional 54,349 shares during the period. Finally, KWB Wealth lifted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 46.3% during the 4th quarter. KWB Wealth now owns 248,085 shares of the company’s stock worth $11,758,000 after acquiring an additional 78,552 shares during the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Stock Performance

Shares of PXF stock opened at $48.97 on Friday. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 52-week low of $41.50 and a 52-week high of $50.11. The firm has a market capitalization of $1.69 billion, a P/E ratio of 11.49 and a beta of 0.80. The stock has a 50 day moving average price of $48.75 and a 200 day moving average price of $46.58.

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.