Cidel Asset Management Inc. Buys 50,291 Shares of Invesco RAFI Emerging Markets ETF $PXH

Cidel Asset Management Inc. lifted its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 619,812 shares of the company’s stock after purchasing an additional 50,291 shares during the quarter. Cidel Asset Management Inc. owned 0.91% of Invesco RAFI Emerging Markets ETF worth $16,679,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. Corient Private Wealth LLC increased its stake in Invesco RAFI Emerging Markets ETF by 247.1% during the 4th quarter. Corient Private Wealth LLC now owns 38,254 shares of the company’s stock valued at $987,000 after purchasing an additional 27,234 shares in the last quarter. Invesco Ltd. lifted its stake in shares of Invesco RAFI Emerging Markets ETF by 16.1% in the fourth quarter. Invesco Ltd. now owns 1,517,191 shares of the company’s stock worth $39,159,000 after buying an additional 210,066 shares in the last quarter. Axxcess Wealth Management LLC bought a new position in shares of Invesco RAFI Emerging Markets ETF in the fourth quarter worth approximately $4,991,000. Mercer Global Advisors Inc. ADV grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 45.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 62,882 shares of the company’s stock valued at $1,623,000 after buying an additional 19,742 shares during the last quarter. Finally, NewEdge Advisors LLC grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 1.6% during the fourth quarter. NewEdge Advisors LLC now owns 51,710 shares of the company’s stock valued at $1,335,000 after buying an additional 817 shares during the last quarter.

Invesco RAFI Emerging Markets ETF Trading Down 2.6%

PXH stock opened at $28.14 on Wednesday. The stock’s 50 day simple moving average is $28.80 and its 200 day simple moving average is $27.62. Invesco RAFI Emerging Markets ETF has a 12-month low of $23.12 and a 12-month high of $30.11. The stock has a market capitalization of $1.93 billion, a PE ratio of 10.43 and a beta of 0.55.

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.