Cedar Point Capital Partners LLC Invests $1.30 Million in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Cedar Point Capital Partners LLC acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF) in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 27,324 shares of the company’s stock, valued at approximately $1,295,000. Invesco FTSE RAFI Developed Markets ex-U.S. ETF comprises approximately 1.1% of Cedar Point Capital Partners LLC’s holdings, making the stock its 23rd biggest position. Cedar Point Capital Partners LLC owned about 0.08% of Invesco FTSE RAFI Developed Markets ex-U.S. ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also modified their holdings of PXF. Bank of New York Mellon Corp acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at $30,857,000. LPL Financial LLC raised its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 24.6% during the 3rd quarter. LPL Financial LLC now owns 682,312 shares of the company’s stock valued at $29,701,000 after purchasing an additional 134,735 shares during the last quarter. KWB Wealth raised its stake in 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 valued at $11,758,000 after purchasing an additional 78,552 shares during the last quarter. Envestnet Asset Management Inc. raised its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 21.3% during the 3rd quarter. Envestnet Asset Management Inc. now owns 309,169 shares of the company’s stock valued at $13,458,000 after purchasing an additional 54,349 shares during the last quarter. Finally, Rathbones Group PLC acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the 3rd quarter valued at $636,000.

Invesco FTSE RAFI Developed Markets ex-U.S. ETF Trading Up 0.6 %

NYSEARCA:PXF traded up $0.27 during trading hours on Friday, hitting $48.97. 40,072 shares of the company traded hands, compared to its average volume of 74,935. The stock has a market capitalization of $1.69 billion, a price-to-earnings ratio of 11.49 and a beta of 0.80. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a twelve month low of $41.50 and a twelve month high of $50.11. The firm has a 50-day moving average of $48.75 and a 200 day moving average of $46.58.

About Invesco FTSE RAFI Developed Markets ex-U.S. ETF

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.