Lowe Wealth Advisors LLC Buys 828 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Lowe Wealth Advisors LLC lifted its stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.7% in the fourth quarter, HoldingsChannel.com reports. The fund owned 50,032 shares of the company’s stock after purchasing an additional 828 shares during the period. Invesco FTSE RAFI Emerging Markets ETF accounts for 0.4% of Lowe Wealth Advisors LLC’s holdings, making the stock its 24th biggest position. Lowe Wealth Advisors LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $1,025,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. Private Advisor Group LLC raised its stake in Invesco FTSE RAFI Emerging Markets ETF by 86.2% during the 2nd quarter. Private Advisor Group LLC now owns 123,069 shares of the company’s stock valued at $2,492,000 after buying an additional 56,975 shares during the last quarter. Lmcg Investments LLC increased its position in Invesco FTSE RAFI Emerging Markets ETF by 69.2% during the second quarter. Lmcg Investments LLC now owns 28,325 shares of the company’s stock valued at $574,000 after acquiring an additional 11,584 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 3.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 30,557 shares of the company’s stock valued at $619,000 after acquiring an additional 1,100 shares during the period. Evergreen Capital Management LLC purchased a new position in Invesco FTSE RAFI Emerging Markets ETF in the second quarter worth about $283,000. Finally, Susquehanna International Group LLP grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 111.9% during the 2nd quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock valued at $4,853,000 after purchasing an additional 126,536 shares during the period.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA PXH traded down $0.45 during midday trading on Friday, hitting $19.82. 419,039 shares of the company’s stock traded hands, compared to its average volume of 318,402. The firm has a fifty day moving average of $20.89 and a 200 day moving average of $20.86. Invesco FTSE RAFI Emerging Markets ETF has a 1 year low of $17.95 and a 1 year high of $23.27. The stock has a market capitalization of $1.24 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82.

Invesco FTSE 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.