Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Shares Acquired by Drive Wealth Management LLC

Drive Wealth Management LLC raised its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 2.0% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 71,266 shares of the company’s stock after acquiring an additional 1,388 shares during the quarter. Drive Wealth Management LLC owned approximately 0.11% of Invesco FTSE RAFI Emerging Markets ETF worth $1,460,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Susquehanna International Group LLP boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 111.9% in the 2nd quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock valued at $4,853,000 after purchasing an additional 126,536 shares during the period. Creative Planning boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 20.4% in the 2nd quarter. Creative Planning now owns 85,186 shares of the company’s stock valued at $1,725,000 after purchasing an additional 14,418 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 14.9% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 19,485 shares of the company’s stock valued at $395,000 after purchasing an additional 2,527 shares during the period. Massmutual Trust Co. FSB ADV acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF in the 3rd quarter valued at about $44,000. Finally, Lowe Wealth Advisors LLC boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 13.8% in the 3rd quarter. Lowe Wealth Advisors LLC now owns 49,204 shares of the company’s stock valued at $1,080,000 after purchasing an additional 5,972 shares during the period.

Invesco FTSE RAFI Emerging Markets ETF Stock Up 0.7 %

Shares of NYSEARCA PXH opened at $20.85 on Monday. Invesco FTSE RAFI Emerging Markets ETF has a 52-week low of $18.44 and a 52-week high of $23.27. The business has a 50-day moving average price of $20.68 and a 200 day moving average price of $20.86. The stock has a market cap of $1.30 billion, a PE ratio of 7.54 and a beta of 0.82.

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.