Daiwa Securities Group Inc. Sells 476,100 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Daiwa Securities Group Inc. trimmed its holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 49.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 495,500 shares of the company’s stock after selling 476,100 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $9,464,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently modified their holdings of PXH. JPMorgan Chase & Co. bought a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter valued at approximately $31,000. Comerica Bank bought a new position in Invesco FTSE RAFI Emerging Markets ETF in the third quarter worth $47,000. Larson Financial Group LLC lifted its position in Invesco FTSE RAFI Emerging Markets ETF by 9,473.8% in the third quarter. Larson Financial Group LLC now owns 4,021 shares of the company’s stock worth $72,000 after purchasing an additional 3,979 shares during the period. Steward Partners Investment Advisory LLC lifted its position in Invesco FTSE RAFI Emerging Markets ETF by 234.9% in the fourth quarter. Steward Partners Investment Advisory LLC now owns 4,501 shares of the company’s stock worth $79,000 after purchasing an additional 3,157 shares during the period. Finally, Flagstar Advisors Inc. bought a new position in Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter worth $192,000.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Shares of PXH stock opened at $19.11 on Friday. The stock has a market cap of $1.19 billion, a P/E ratio of 7.08 and a beta of 0.81. Invesco FTSE RAFI Emerging Markets ETF has a one year low of $17.12 and a one year high of $19.93. The stock has a fifty day moving average price of $19.35 and a 200 day moving average price of $18.65.

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.