Northwestern Mutual Wealth Management Co. Increases Stake in Invesco RAFI Emerging Markets ETF $PXH

Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 478.1% in the 4th quarter, Holdings Channel reports. The fund owned 221,692 shares of the company’s stock after buying an additional 183,345 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco RAFI Emerging Markets ETF were worth $5,722,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently bought and sold shares of the stock. Johnson & White Wealth Management LLC raised its position in Invesco RAFI Emerging Markets ETF by 6.2% during the fourth quarter. Johnson & White Wealth Management LLC now owns 292,093 shares of the company’s stock valued at $7,539,000 after acquiring an additional 17,076 shares in the last quarter. Rollins Financial Advisors LLC raised its position in Invesco RAFI Emerging Markets ETF by 21.8% during the fourth quarter. Rollins Financial Advisors LLC now owns 22,865 shares of the company’s stock valued at $590,000 after acquiring an additional 4,085 shares in the last quarter. Drive Wealth Management LLC raised its position in Invesco RAFI Emerging Markets ETF by 8.5% during the fourth quarter. Drive Wealth Management LLC now owns 74,610 shares of the company’s stock valued at $1,926,000 after acquiring an additional 5,855 shares in the last quarter. Apeiron RIA LLC raised its position in Invesco RAFI Emerging Markets ETF by 4.7% during the fourth quarter. Apeiron RIA LLC now owns 18,693 shares of the company’s stock valued at $516,000 after acquiring an additional 841 shares in the last quarter. Finally, Virtus Family Office LLC raised its position in Invesco RAFI Emerging Markets ETF by 5.4% during the fourth quarter. Virtus Family Office LLC now owns 268,894 shares of the company’s stock valued at $6,940,000 after acquiring an additional 13,861 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Price Performance

Invesco RAFI Emerging Markets ETF stock opened at $28.65 on Friday. The stock has a market capitalization of $1.96 billion, a PE ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a 12 month low of $22.08 and a 12 month high of $29.58. The business has a 50 day simple moving average of $27.85 and a 200-day simple moving average of $27.14.

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.