Aries Wealth Management Decreases Stake in Invesco RAFI Emerging Markets ETF $PXH

Aries Wealth Management lessened its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.8% in the 2nd quarter, according to its most recent filing with the SEC. The firm owned 204,934 shares of the company’s stock after selling 3,730 shares during the quarter. Invesco RAFI Emerging Markets ETF accounts for approximately 1.3% of Aries Wealth Management’s portfolio, making the stock its 20th biggest position. Aries Wealth Management’s holdings in Invesco RAFI Emerging Markets ETF were worth $4,793,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cambridge Investment Research Advisors Inc. boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 7.6% in the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,288 shares of the company’s stock valued at $354,000 after buying an additional 1,156 shares during the period. Golden State Wealth Management LLC boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 510,700.0% in the 1st quarter. Golden State Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $111,000 after buying an additional 5,107 shares during the period. Private Trust Co. NA boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 629.2% in the 1st quarter. Private Trust Co. NA now owns 1,750 shares of the company’s stock valued at $38,000 after buying an additional 1,510 shares during the period. Wealth Enhancement Advisory Services LLC boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 14.7% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 292,077 shares of the company’s stock valued at $6,350,000 after buying an additional 37,507 shares during the period. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 4.7% in the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 32,412 shares of the company’s stock valued at $705,000 after buying an additional 1,466 shares during the period.

Invesco RAFI Emerging Markets ETF Stock Down 0.6%

PXH stock opened at $24.97 on Wednesday. The business has a 50 day moving average price of $24.89 and a 200 day moving average price of $23.30. The stock has a market cap of $1.61 billion, a price-to-earnings ratio of 10.43 and a beta of 0.73. Invesco RAFI Emerging Markets ETF has a fifty-two week low of $18.62 and a fifty-two week high of $26.01.

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.