Private Advisor Group LLC Sells 23,814 Shares of Invesco RAFI Emerging Markets ETF $PXH

Private Advisor Group LLC lessened its position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 35.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 43,333 shares of the company’s stock after selling 23,814 shares during the quarter. Private Advisor Group LLC’s holdings in Invesco RAFI Emerging Markets ETF were worth $1,166,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. PNC Financial Services Group Inc. bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the 4th quarter worth approximately $25,000. CBIZ Investment Advisory Services LLC bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter worth $26,000. Brown Brothers Harriman & Co. bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter worth $27,000. Advisory Services Network LLC purchased a new stake in shares of Invesco RAFI Emerging Markets ETF during the third quarter valued at $36,000. Finally, Key Financial Inc grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 2,100.0% in the fourth quarter. Key Financial Inc now owns 1,540 shares of the company’s stock worth $40,000 after purchasing an additional 1,470 shares during the last quarter.

Invesco RAFI Emerging Markets ETF Price Performance

Shares of PXH opened at $28.50 on Monday. The firm has a market capitalization of $1.91 billion, a price-to-earnings ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a 1-year low of $23.40 and a 1-year high of $30.11. The company has a 50-day moving average of $28.66 and a 200 day moving average of $27.81.

About Invesco 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.