Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Shares Sold by Foster & Motley Inc.

Foster & Motley Inc. lessened its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 4.8% during the 4th quarter, according to its most recent disclosure with the SEC. The institutional investor owned 175,810 shares of the company’s stock after selling 8,949 shares during the quarter. Foster & Motley Inc. owned about 0.28% of Invesco FTSE RAFI Emerging Markets ETF worth $3,601,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Revolve Wealth Partners LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter valued at $358,000. Drive Wealth Management LLC increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 2.0% during the 4th quarter. Drive Wealth Management LLC now owns 71,266 shares of the company’s stock worth $1,460,000 after purchasing an additional 1,388 shares during the period. Brighton Jones LLC raised its position in Invesco FTSE RAFI Emerging Markets ETF by 15.6% in the 4th quarter. Brighton Jones LLC now owns 11,893 shares of the company’s stock valued at $244,000 after purchasing an additional 1,608 shares in the last quarter. Goldstein Advisors LLC boosted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.8% in the 4th quarter. Goldstein Advisors LLC now owns 41,132 shares of the company’s stock valued at $842,000 after buying an additional 1,487 shares during the period. Finally, Lmcg Investments LLC grew its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 54.9% during the fourth quarter. Lmcg Investments LLC now owns 47,494 shares of the company’s stock worth $973,000 after buying an additional 16,836 shares in the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

PXH stock opened at $20.80 on Thursday. The company’s 50 day moving average price is $20.67 and its 200 day moving average price is $20.85. The firm has a market capitalization of $1.30 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82. Invesco FTSE RAFI Emerging Markets ETF has a fifty-two week low of $18.44 and a fifty-two week high of $23.27.

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.