HighTower Advisors LLC Boosts Stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

HighTower Advisors LLC raised its position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 0.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 553,049 shares of the company’s stock after purchasing an additional 2,328 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $11,326,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Apollon Wealth Management LLC grew its stake in Invesco FTSE RAFI Emerging Markets ETF by 12.9% in the 3rd quarter. Apollon Wealth Management LLC now owns 24,051 shares of the company’s stock worth $528,000 after acquiring an additional 2,750 shares in the last quarter. Cerity Partners LLC grew its stake in Invesco FTSE RAFI Emerging Markets ETF by 6.7% in the 3rd quarter. Cerity Partners LLC now owns 52,655 shares of the company’s stock worth $1,156,000 after acquiring an additional 3,315 shares in the last quarter. Larson Financial Group LLC grew its stake in Invesco FTSE RAFI Emerging Markets ETF by 286.7% in the 3rd quarter. Larson Financial Group LLC now owns 2,695 shares of the company’s stock worth $59,000 after acquiring an additional 1,998 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Invesco FTSE RAFI Emerging Markets ETF by 8.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,295,500 shares of the company’s stock worth $28,436,000 after acquiring an additional 100,000 shares in the last quarter. Finally, FMR LLC grew its stake in Invesco FTSE RAFI Emerging Markets ETF by 6.5% in the 3rd quarter. FMR LLC now owns 1,923,698 shares of the company’s stock worth $42,225,000 after acquiring an additional 117,740 shares in the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Shares of PXH stock opened at $22.39 on Monday. The company has a market capitalization of $1.30 billion, a P/E ratio of 10.19 and a beta of 0.74. The company’s 50-day simple moving average is $21.23 and its two-hundred day simple moving average is $21.18. Invesco FTSE RAFI Emerging Markets ETF has a one year low of $18.44 and a one year high of $23.27.

Invesco FTSE 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.