Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Position Cut by Net Worth Advisory Group

Net Worth Advisory Group trimmed its stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 10.2% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 31,830 shares of the company’s stock after selling 3,611 shares during the quarter. Net Worth Advisory Group’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $652,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. FMR LLC lifted its stake in Invesco FTSE RAFI Emerging Markets ETF by 6.5% in the third quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after buying an additional 117,740 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in shares of 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 in the last quarter. HighTower Advisors LLC raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 5.4% during the third quarter. HighTower Advisors LLC now owns 550,721 shares of the company’s stock valued at $12,088,000 after purchasing an additional 28,041 shares in the last quarter. Atlas Legacy Advisors LLC bought a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the fourth quarter valued at about $10,282,000. Finally, Cidel Asset Management Inc. raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 12.6% during the fourth quarter. Cidel Asset Management Inc. now owns 475,838 shares of the company’s stock valued at $9,745,000 after purchasing an additional 53,098 shares in the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Stock Down 2.4 %

Shares of NYSEARCA PXH opened at $21.69 on Tuesday. Invesco FTSE RAFI Emerging Markets ETF has a fifty-two week low of $18.44 and a fifty-two week high of $23.27. The firm’s 50-day simple moving average is $21.08 and its 200 day simple moving average is $21.14. The stock has a market cap of $1.26 billion, a P/E ratio of 10.19 and a beta of 0.74.

Invesco FTSE 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.