Avantax Advisory Services Inc. Has $1.38 Million Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Avantax Advisory Services Inc. increased its position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 7.6% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 67,589 shares of the company’s stock after buying an additional 4,773 shares during the period. Avantax Advisory Services Inc. owned 0.11% of Invesco FTSE RAFI Emerging Markets ETF worth $1,384,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PXH. Atlas Legacy Advisors LLC acquired a new position in Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter worth approximately $10,282,000. Raymond James Financial Inc. acquired a new position in Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter worth approximately $4,536,000. FMR LLC grew its holdings in Invesco FTSE RAFI Emerging Markets ETF by 6.5% during the third quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after purchasing an additional 117,740 shares during the last quarter. Daiwa Securities Group Inc. grew its holdings in Invesco FTSE RAFI Emerging Markets ETF by 8.4% during the third quarter. Daiwa Securities Group Inc. now owns 1,295,500 shares of the company’s stock valued at $28,436,000 after purchasing an additional 100,000 shares during the last quarter. Finally, Townsquare Capital LLC acquired a new position in Invesco FTSE RAFI Emerging Markets ETF during the third quarter valued at approximately $1,356,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Down 0.6 %

Shares of PXH stock opened at $22.67 on Wednesday. Invesco FTSE RAFI Emerging Markets ETF has a 12 month low of $18.44 and a 12 month high of $23.27. The business’s 50 day moving average is $21.32 and its two-hundred day moving average is $21.21. The company has a market cap of $1.31 billion, a PE ratio of 10.19 and a beta of 0.74.

About Invesco FTSE 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.