Bank of New York Mellon Corp Sells 2,406 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Bank of New York Mellon Corp cut its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 0.3% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 723,735 shares of the company’s stock after selling 2,406 shares during the period. Bank of New York Mellon Corp owned approximately 2.09% of Invesco FTSE RAFI Developed Markets ex-U.S. ETF worth $34,660,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Rothschild Investment LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.1% during the fourth quarter. Rothschild Investment LLC now owns 19,895 shares of the company’s stock valued at $953,000 after buying an additional 210 shares during the last quarter. Red Tortoise LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 0.6% during the fourth quarter. Red Tortoise LLC now owns 39,059 shares of the company’s stock valued at $1,871,000 after buying an additional 235 shares during the last quarter. Drive Wealth Management LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.0% during the fourth quarter. Drive Wealth Management LLC now owns 29,382 shares of the company’s stock valued at $1,407,000 after buying an additional 302 shares during the last quarter. Spire Wealth Management boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 19.9% during the fourth quarter. Spire Wealth Management now owns 1,842 shares of the company’s stock valued at $88,000 after buying an additional 306 shares during the last quarter. Finally, Three Bridge Wealth Advisors LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 1.5% during the fourth quarter. Three Bridge Wealth Advisors LLC now owns 24,099 shares of the company’s stock valued at $1,154,000 after buying an additional 345 shares during the last quarter.

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

NYSEARCA:PXF opened at $53.49 on Friday. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 13.65 and a beta of 0.91. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 1 year low of $46.21 and a 1 year high of $53.57. The business has a 50 day simple moving average of $50.05 and a 200-day simple moving average of $50.14.

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.