Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Unusually-High Trading Volume – What’s Next?

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) shares saw an uptick in trading volume on Tuesday . 490,580 shares traded hands during mid-day trading, an increase of 168% from the previous session’s volume of 182,789 shares.The stock last traded at $20.90 and had previously closed at $21.01.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

The stock has a market capitalization of $1.30 billion, a P/E ratio of 7.54 and a beta of 0.82. The stock has a 50 day moving average of $21.50 and a 200 day moving average of $20.84.

Institutional Trading of Invesco FTSE RAFI Emerging Markets ETF

A number of hedge funds have recently modified their holdings of PXH. Daiwa Securities Group Inc. raised its stake in Invesco FTSE RAFI Emerging Markets ETF by 56.2% during the 2nd quarter. Daiwa Securities Group Inc. now owns 1,195,500 shares of the company’s stock valued at $24,209,000 after purchasing an additional 430,000 shares during the last quarter. OLD Mission Capital LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the 1st quarter worth about $3,640,000. Rothschild Investment LLC bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the second quarter valued at approximately $3,625,000. Susquehanna International Group LLP boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 111.9% in the second quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock worth $4,853,000 after purchasing an additional 126,536 shares in the last quarter. Finally, FMR LLC increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 6.5% in the third quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after purchasing an additional 117,740 shares in the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Company 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.