Daiwa Securities Group Inc. Has $21.88 Million Holdings in Invesco RAFI Emerging Markets ETF $PXH

Daiwa Securities Group Inc. raised its position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 22.2% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 935,500 shares of the company’s stock after buying an additional 170,000 shares during the period. Daiwa Securities Group Inc. owned about 1.46% of Invesco RAFI Emerging Markets ETF worth $21,881,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the company. Geneos Wealth Management Inc. acquired a new stake in Invesco RAFI Emerging Markets ETF in the 1st quarter valued at about $37,000. RMG Wealth Management LLC bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the second quarter valued at approximately $41,000. Ameritas Advisory Services LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the second quarter valued at approximately $47,000. Crewe Advisors LLC raised its position in Invesco RAFI Emerging Markets ETF by 71.4% in the 2nd quarter. Crewe Advisors LLC now owns 2,256 shares of the company’s stock worth $53,000 after purchasing an additional 940 shares during the last quarter. Finally, Bank of Montreal Can lifted its holdings in Invesco RAFI Emerging Markets ETF by 49.9% during the 2nd quarter. Bank of Montreal Can now owns 5,682 shares of the company’s stock worth $133,000 after buying an additional 1,892 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Stock Performance

NYSEARCA PXH opened at $25.83 on Wednesday. The stock has a market capitalization of $1.69 billion, a P/E ratio of 10.43 and a beta of 0.60. Invesco RAFI Emerging Markets ETF has a 52 week low of $18.62 and a 52 week high of $26.52. The stock has a fifty day moving average of $25.77 and a 200-day moving average of $24.61.

About Invesco RAFI Emerging Markets ETF

The Invesco FTSE RAFI Emerging Markets ETF (PXH) is an exchange-traded fund that is based on the FTSE RAFI Emerging index. The fund tracks an index of emerging market companies selected and weighted based on a fundamental methodology. PXH was launched on Sep 27, 2007 and is managed by Invesco.