Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) saw strong trading volume on Tuesday . 158,326 shares were traded during mid-day trading, a decline of 16% from the previous session’s volume of 189,299 shares.The stock last traded at $22.61 and had previously closed at $22.81.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

The firm has a market capitalization of $1.32 billion, a P/E ratio of 10.19 and a beta of 0.74. The stock’s fifty day simple moving average is $21.37 and its 200 day simple moving average is $21.22.

Institutional Investors Weigh In On Invesco FTSE RAFI Emerging Markets ETF

A number of large investors have recently modified their holdings of the business. Flagstar Advisors Inc. grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 4.8% during the fourth quarter. Flagstar Advisors Inc. now owns 14,681 shares of the company’s stock worth $301,000 after acquiring an additional 672 shares during the last quarter. Corient Private Wealth LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.3% during the fourth quarter. Corient Private Wealth LLC now owns 21,893 shares of the company’s stock worth $448,000 after acquiring an additional 695 shares during the last quarter. DAVENPORT & Co LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 2.5% during the fourth quarter. DAVENPORT & Co LLC now owns 29,374 shares of the company’s stock worth $602,000 after acquiring an additional 728 shares during the last quarter. Efficient Frontier Advisors LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 6.8% during the fourth quarter. Efficient Frontier Advisors LLC now owns 12,008 shares of the company’s stock worth $246,000 after acquiring an additional 765 shares during the last quarter. Finally, Lowe Wealth Advisors LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 1.7% during the fourth quarter. Lowe Wealth Advisors LLC now owns 50,032 shares of the company’s stock worth $1,025,000 after acquiring an additional 828 shares during 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.