Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sets New 52-Week High at $19.93

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) shares reached a new 52-week high on Tuesday . The company traded as high as $19.93 and last traded at $19.86, with a volume of 119233 shares traded. The stock had previously closed at $19.69.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

The company has a market cap of $1.34 billion, a price-to-earnings ratio of 7.55 and a beta of 0.73. The stock’s fifty day moving average is $19.32 and its two-hundred day moving average is $18.59.

Institutional Investors Weigh In On Invesco FTSE RAFI Emerging Markets ETF

A number of institutional investors and hedge funds have recently made changes to their positions in the business. JPMorgan Chase & Co. bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter worth about $31,000. Tower Research Capital LLC TRC grew its position in Invesco FTSE RAFI Emerging Markets ETF by 352.5% in the 4th quarter. Tower Research Capital LLC TRC now owns 1,688 shares of the company’s stock worth $32,000 after purchasing an additional 1,315 shares in the last quarter. Johnson Financial Group Inc. grew its position in Invesco FTSE RAFI Emerging Markets ETF by 538.7% in the 4th quarter. Johnson Financial Group Inc. now owns 1,782 shares of the company’s stock worth $34,000 after purchasing an additional 1,503 shares in the last quarter. Comerica Bank bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 3rd quarter worth about $47,000. Finally, First Horizon Advisors Inc. bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter worth about $48,000.

About Invesco FTSE RAFI Emerging Markets ETF

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.