Connecticut Capital Management Group LLC Takes $1.85 Million Position in Invesco RAFI Emerging Markets ETF $PXH

Connecticut Capital Management Group LLC bought a new stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 71,499 shares of the company’s stock, valued at approximately $1,845,000. Invesco RAFI Emerging Markets ETF makes up 1.8% of Connecticut Capital Management Group LLC’s holdings, making the stock its 15th largest position. Connecticut Capital Management Group LLC owned 0.10% of Invesco RAFI Emerging Markets ETF at the end of the most recent reporting period.

Several other large investors have also modified their holdings of PXH. Brighton Jones LLC boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 15.6% in the 4th quarter. Brighton Jones LLC now owns 11,893 shares of the company’s stock valued at $244,000 after buying an additional 1,608 shares in the last quarter. Revolve Wealth Partners LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $358,000. Royal Bank of Canada boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 38.5% in the 1st quarter. Royal Bank of Canada now owns 385,081 shares of the company’s stock valued at $8,372,000 after buying an additional 107,132 shares in the last quarter. NewEdge Advisors LLC boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 2.8% in the 1st quarter. NewEdge Advisors LLC now owns 50,475 shares of the company’s stock valued at $1,097,000 after buying an additional 1,371 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the 1st quarter valued at $4,740,000.

Invesco RAFI Emerging Markets ETF Trading Down 0.3%

Shares of Invesco RAFI Emerging Markets ETF stock opened at $29.10 on Thursday. The company has a fifty day simple moving average of $27.98 and a 200-day simple moving average of $27.22. Invesco RAFI Emerging Markets ETF has a 12-month low of $22.08 and a 12-month high of $29.58. The stock has a market cap of $1.99 billion, a price-to-earnings 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.