Ascentis Independent Advisors Takes $2.05 Million Position in Invesco RAFI Emerging Markets ETF $PXH

Ascentis Independent Advisors bought a new position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm bought 76,281 shares of the company’s stock, valued at approximately $2,053,000.

Several other hedge funds and other institutional investors have also modified their holdings of PXH. PNC Financial Services Group Inc. bought a new position in Invesco RAFI Emerging Markets ETF in the 4th quarter valued at about $25,000. CBIZ Investment Advisory Services LLC bought a new stake in Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $26,000. Brown Brothers Harriman & Co. acquired a new position in Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $27,000. Advisory Services Network LLC acquired a new position in Invesco RAFI Emerging Markets ETF in the 3rd quarter valued at $36,000. Finally, Geneos Wealth Management Inc. bought a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter worth $37,000.

Invesco RAFI Emerging Markets ETF Price Performance

PXH stock opened at $28.10 on Tuesday. Invesco RAFI Emerging Markets ETF has a fifty-two week low of $23.39 and a fifty-two week high of $30.11. The stock has a market capitalization of $1.88 billion, a price-to-earnings ratio of 10.43 and a beta of 0.56. The business’s fifty day moving average price is $28.69 and its two-hundred day moving average price is $27.74.

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.