Kinetic Wealth Investment Advisors LLC Acquires New Holdings in Invesco RAFI Emerging Markets ETF $PXH

Kinetic Wealth Investment Advisors LLC bought a new position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 30,246 shares of the company’s stock, valued at approximately $843,000.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC raised its holdings in shares of Invesco RAFI Emerging Markets ETF by 8.4% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 5,168 shares of the company’s stock worth $133,000 after purchasing an additional 401 shares in the last quarter. CIBC Private Wealth Group LLC lifted its stake in Invesco RAFI Emerging Markets ETF by 4.5% during the fourth quarter. CIBC Private Wealth Group LLC now owns 9,696 shares of the company’s stock valued at $250,000 after purchasing an additional 417 shares during the last quarter. NewEdge Advisors LLC boosted its holdings in Invesco RAFI Emerging Markets ETF by 1.1% during the third quarter. NewEdge Advisors LLC now owns 50,893 shares of the company’s stock worth $1,294,000 after buying an additional 558 shares in the last quarter. JPMorgan Chase & Co. grew its position in Invesco RAFI Emerging Markets ETF by 1.9% in the third quarter. JPMorgan Chase & Co. now owns 41,289 shares of the company’s stock worth $1,050,000 after buying an additional 773 shares during the last quarter. Finally, JFS Wealth Advisors LLC grew its position in Invesco RAFI Emerging Markets ETF by 6.0% in the second quarter. JFS Wealth Advisors LLC now owns 14,147 shares of the company’s stock worth $394,000 after buying an additional 798 shares during the last quarter.

Invesco RAFI Emerging Markets ETF Stock Performance

NYSEARCA PXH opened at $30.30 on Tuesday. Invesco RAFI Emerging Markets ETF has a 1 year low of $24.35 and a 1 year high of $30.35. The business’s fifty day moving average is $28.84 and its two-hundred day moving average is $28.37. The stock has a market capitalization of $2.03 billion, a P/E ratio of 10.43 and a beta of 0.56.

Invesco RAFI Emerging Markets ETF 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.