Raymond James & Associates Decreases Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Raymond James & Associates cut its stake in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 12.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 134,620 shares of the company’s stock after selling 18,762 shares during the period. Raymond James & Associates owned 0.20% of Invesco FTSE RAFI Emerging Markets ETF worth $2,571,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Creative Planning raised its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 2.7% in the fourth quarter. Creative Planning now owns 30,805 shares of the company’s stock worth $543,000 after buying an additional 805 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 5.2% in the 1st quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management now owns 17,478 shares of the company’s stock worth $364,000 after purchasing an additional 865 shares in the last quarter. DAVENPORT & Co LLC boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.1% in the 3rd quarter. DAVENPORT & Co LLC now owns 35,426 shares of the company’s stock worth $631,000 after purchasing an additional 1,054 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 11.6% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 11,664 shares of the company’s stock worth $206,000 after purchasing an additional 1,215 shares in the last quarter. Finally, Lowe Wealth Advisors LLC boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 4.0% in the 4th quarter. Lowe Wealth Advisors LLC now owns 36,960 shares of the company’s stock worth $706,000 after purchasing an additional 1,425 shares in the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Invesco FTSE RAFI Emerging Markets ETF stock opened at $19.21 on Tuesday. The stock has a market capitalization of $1.20 billion, a price-to-earnings ratio of 7.08 and a beta of 0.81. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $17.12 and a 1-year high of $19.93. The business has a fifty day moving average price of $19.36 and a 200-day moving average price of $18.63.

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.