Charles Schwab Trust Co purchased a new position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH – Free Report) in the third quarter, Holdings Channel.com reports. The institutional investor purchased 29,517 shares of the company’s stock, valued at approximately $858,000.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Envestnet Asset Management Inc. increased its holdings in Invesco RAFI Emerging Markets ETF by 103.2% during the 2nd quarter. Envestnet Asset Management Inc. now owns 906,330 shares of the company’s stock worth $25,268,000 after purchasing an additional 460,234 shares during the period. Bank of New York Mellon Corp raised its position in Invesco RAFI Emerging Markets ETF by 15.5% during the 1st quarter. Bank of New York Mellon Corp now owns 948,008 shares of the company’s stock valued at $25,511,000 after purchasing an additional 127,177 shares in the last quarter. Asset Allocation Strategies LLC bought a new stake in Invesco RAFI Emerging Markets ETF during the 2nd quarter valued at $3,300,000. SigFig Wealth Management LLC bought a new stake in Invesco RAFI Emerging Markets ETF during the 3rd quarter valued at $3,069,000. Finally, Bank of America Corp DE lifted its holdings in shares of Invesco RAFI Emerging Markets ETF by 6.1% in the 1st quarter. Bank of America Corp DE now owns 1,686,830 shares of the company’s stock worth $45,393,000 after buying an additional 96,377 shares during the period.
Invesco RAFI Emerging Markets ETF Price Performance
Shares of PXH stock traded down $0.00 during mid-day trading on Thursday, hitting $29.52. The stock had a trading volume of 40,879 shares, compared to its average volume of 277,835. Invesco RAFI Emerging Markets ETF has a 12-month low of $25.08 and a 12-month high of $30.35. The firm’s 50-day moving average is $29.47 and its two-hundred day moving average is $28.78. The firm has a market capitalization of $2.07 billion, a P/E ratio of 10.43 and a beta of 0.56.
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.
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