Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Large Volume Increase – Time to Buy?

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXHGet Free Report) shares saw strong trading volume on Tuesday . 218,669 shares changed hands during mid-day trading, an increase of 23% from the previous session’s volume of 177,936 shares.The stock last traded at $20.55 and had previously closed at $20.47.

Invesco FTSE RAFI Emerging Markets ETF Trading Down 0.0 %

The stock has a 50-day moving average of $20.96 and a two-hundred day moving average of $20.87. The firm has a market cap of $1.28 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82.

Hedge Funds Weigh In On Invesco FTSE RAFI Emerging Markets ETF

Several institutional investors and hedge funds have recently modified their holdings of PXH. BNP Paribas Financial Markets acquired a new stake in Invesco FTSE RAFI Emerging Markets ETF in the third quarter valued at approximately $27,000. Farther Finance Advisors LLC boosted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 7,542.9% in the third quarter. Farther Finance Advisors LLC now owns 1,605 shares of the company’s stock worth $35,000 after purchasing an additional 1,584 shares in the last quarter. Massmutual Trust Co. FSB ADV acquired a new position in Invesco FTSE RAFI Emerging Markets ETF during the third quarter worth $44,000. Larson Financial Group LLC raised its holdings in Invesco FTSE RAFI Emerging Markets ETF by 286.7% during the third quarter. Larson Financial Group LLC now owns 2,695 shares of the company’s stock valued at $59,000 after buying an additional 1,998 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its holdings in Invesco FTSE RAFI Emerging Markets ETF by 31.6% during the third quarter. JPMorgan Chase & Co. now owns 6,511 shares of the company’s stock valued at $143,000 after buying an additional 1,564 shares in the last quarter.

About Invesco FTSE RAFI Emerging Markets ETF

(Get Free Report)

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.

Read More

Receive News & Ratings for Invesco FTSE RAFI Emerging Markets ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco FTSE RAFI Emerging Markets ETF and related companies with MarketBeat.com's FREE daily email newsletter.