Accel Wealth Management Buys 36,317 Shares of Invesco RAFI Emerging Markets ETF $PXH

Accel Wealth Management purchased a new position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) in the third quarter, HoldingsChannel reports. The institutional investor purchased 36,317 shares of the company’s stock, valued at approximately $1,056,000.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Breakwater Capital Group lifted its stake in shares of Invesco RAFI Emerging Markets ETF by 6.5% during the third quarter. Breakwater Capital Group now owns 28,030 shares of the company’s stock worth $815,000 after purchasing an additional 1,722 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Invesco RAFI Emerging Markets ETF by 149.6% in the third quarter. Farther Finance Advisors LLC now owns 5,011 shares of the company’s stock worth $146,000 after buying an additional 3,003 shares during the period. CoreCap Advisors LLC purchased a new stake in shares of Invesco RAFI Emerging Markets ETF in the third quarter worth about $281,000. Titleist Asset Management LLC boosted its position in shares of Invesco RAFI Emerging Markets ETF by 176.7% in the third quarter. Titleist Asset Management LLC now owns 26,677 shares of the company’s stock worth $775,000 after buying an additional 17,035 shares during the period. Finally, Gradient Investments LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF in the third quarter valued at about $208,000.

Invesco RAFI Emerging Markets ETF Stock Performance

Shares of PXH stock traded up $0.09 during trading hours on Tuesday, reaching $29.75. The company had a trading volume of 301,552 shares, compared to its average volume of 279,644. Invesco RAFI Emerging Markets ETF has a twelve month low of $24.81 and a twelve month high of $30.35. The company has a market capitalization of $2.09 billion, a P/E ratio of 10.43 and a beta of 0.56. The stock’s fifty day simple moving average is $29.45 and its 200 day simple moving average is $28.73.

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.