Brown Brothers Harriman & Co. Purchases New Shares in Invesco FTSE RAFI Developed Markets ex-U.S. ETF (NYSEARCA:PXF)

Brown Brothers Harriman & Co. 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 disclosure with the Securities and Exchange Commission. The institutional investor acquired 626 shares of the company’s stock, valued at approximately $30,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Vertex Planning Partners LLC boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 3.9% in the 4th quarter. Vertex Planning Partners LLC now owns 97,054 shares of the company’s stock worth $4,648,000 after buying an additional 3,686 shares during the last quarter. Riverchase Wealth Management LLC bought a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF during the fourth quarter worth $1,227,000. JPMorgan Chase & Co. boosted its position in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 13.8% in the fourth quarter. JPMorgan Chase & Co. now owns 66,526 shares of the company’s stock worth $3,186,000 after purchasing an additional 8,088 shares during the last quarter. LPL Financial LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 4.7% in the 4th quarter. LPL Financial LLC now owns 505,819 shares of the company’s stock valued at $24,224,000 after purchasing an additional 22,845 shares during the period. Finally, Centurion Wealth Management LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. ETF by 18.7% during the 4th quarter. Centurion Wealth Management LLC now owns 36,327 shares of the company’s stock valued at $1,740,000 after purchasing an additional 5,731 shares during the last quarter.

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

Shares of NYSEARCA:PXF opened at $52.24 on Thursday. The company has a market capitalization of $1.79 billion, a P/E ratio of 13.62 and a beta of 0.90. The company’s 50-day moving average is $51.78 and its 200 day moving average is $50.39. Invesco FTSE RAFI Developed Markets ex-U.S. ETF has a fifty-two week low of $46.21 and a fifty-two week high of $54.49.

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

The business also recently announced a dividend, which was paid on Friday, March 28th. Stockholders 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.

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.