Invesco RAFI Emerging Markets ETF $PXH Stake Increased by Cidel Asset Management Inc.

Cidel Asset Management Inc. raised its position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 11.9% in the third quarter, HoldingsChannel.com reports. The firm owned 736,910 shares of the company’s stock after purchasing an additional 78,146 shares during the quarter. Cidel Asset Management Inc.’s holdings in Invesco RAFI Emerging Markets ETF were worth $21,422,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in PXH. Envestnet Asset Management Inc. lifted its position in shares of Invesco RAFI Emerging Markets ETF by 103.2% in the 2nd quarter. Envestnet Asset Management Inc. now owns 906,330 shares of the company’s stock worth $25,268,000 after purchasing an additional 460,234 shares during the period. Aries Wealth Management acquired a new stake in shares of Invesco RAFI Emerging Markets ETF during the third quarter worth $6,101,000. Lmcg Investments LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF during the third quarter worth $3,783,000. Bank of New York Mellon Corp increased its position in shares of Invesco RAFI Emerging Markets ETF by 15.5% during the first quarter. Bank of New York Mellon Corp now owns 948,008 shares of the company’s stock worth $25,511,000 after buying an additional 127,177 shares during the period. Finally, Asset Allocation Strategies LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF during the second quarter worth $3,300,000.

Invesco RAFI Emerging Markets ETF Stock Down 0.6%

Shares of NYSEARCA PXH opened at $28.06 on Friday. Invesco RAFI Emerging Markets ETF has a twelve month low of $25.08 and a twelve month high of $30.35. The firm has a fifty day simple moving average of $29.37 and a 200 day simple moving average of $28.46. The company has a market capitalization of $1.94 billion, a PE 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.