Cornerstone Wealth Management LLC Has $2.15 Million Stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Cornerstone Wealth Management LLC increased its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) by 19.9% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 44,872 shares of the company’s stock after acquiring an additional 7,441 shares during the period. Cornerstone Wealth Management LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF were worth $2,149,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 2.1% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 11,355,161 shares of the company’s stock valued at $591,945,000 after buying an additional 234,733 shares during the last quarter. Charles Schwab Trust Co grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 18.2% in the 4th quarter. Charles Schwab Trust Co now owns 382,505 shares of the company’s stock valued at $18,318,000 after buying an additional 58,852 shares during the last quarter. Johnson & White Wealth Management LLC grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 8.9% in the 4th quarter. Johnson & White Wealth Management LLC now owns 344,127 shares of the company’s stock valued at $16,429,000 after buying an additional 28,139 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 9.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 118,763 shares of the company’s stock valued at $5,781,000 after buying an additional 10,026 shares during the last quarter. Finally, Bank of Montreal Can grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4,335.5% in the 2nd quarter. Bank of Montreal Can now owns 110,665 shares of the company’s stock valued at $5,638,000 after buying an additional 108,170 shares during the last quarter.

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

PXF opened at $49.80 on Friday. The firm has a market capitalization of $1.72 billion, a P/E ratio of 11.95 and a beta of 0.79. The stock’s 50 day moving average price is $48.71 and its two-hundred day moving average price is $49.78. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a 12-month low of $45.89 and a 12-month high of $52.89.

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.