Short Interest in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Decreases By 97.7%

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the target of a large decrease in short interest in the month of June. As of June 15th, there was short interest totaling 8,722 shares, a decrease of 97.7% from the May 31st total of 376,026 shares. Approximately 0.0% of the company’s shares are sold short. Based on an average daily trading volume, of 229,149 shares, the short-interest ratio is presently 0.0 days.

Invesco RAFI Emerging Markets ETF Stock Down 0.3%

Shares of Invesco RAFI Emerging Markets ETF stock traded down $0.07 during trading on Friday, reaching $27.64. 307,981 shares of the stock were exchanged, compared to its average volume of 317,342. The firm has a market cap of $1.89 billion, a price-to-earnings ratio of 10.43 and a beta of 0.55. Invesco RAFI Emerging Markets ETF has a 1 year low of $23.23 and a 1 year high of $30.11. The stock’s fifty day moving average is $28.78 and its 200 day moving average is $27.65.

Institutional Trading of Invesco RAFI Emerging Markets ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. LPL Financial LLC grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 88.6% during the 4th quarter. LPL Financial LLC now owns 1,894,726 shares of the company’s stock worth $48,903,000 after acquiring an additional 890,135 shares during the period. Wells Fargo & Company MN boosted its position in shares of Invesco RAFI Emerging Markets ETF by 22.5% during the fourth quarter. Wells Fargo & Company MN now owns 2,326,588 shares of the company’s stock valued at $60,049,000 after purchasing an additional 428,086 shares in the last quarter. Daiwa Securities Group Inc. boosted its position in shares of Invesco RAFI Emerging Markets ETF by 42.8% during the third quarter. Daiwa Securities Group Inc. now owns 1,335,500 shares of the company’s stock valued at $33,948,000 after purchasing an additional 400,000 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Invesco RAFI Emerging Markets ETF by 9.6% in the third quarter. Ameriprise Financial Inc. now owns 2,576,427 shares of the company’s stock worth $65,478,000 after purchasing an additional 226,381 shares during the period. Finally, Jane Street Group LLC bought a new position in Invesco RAFI Emerging Markets ETF in the first quarter worth $4,740,000.

Invesco RAFI Emerging Markets ETF Company Profile

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.