Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Short Interest Update

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the target of a large decrease in short interest in September. As of September 15th, there was short interest totaling 103,394 shares, a decrease of 94.5% from the August 31st total of 1,884,161 shares. Currently, 0.1% of the company’s stock are short sold. Based on an average trading volume of 240,299 shares, the days-to-cover ratio is presently 0.4 days.

Hedge Funds Weigh In On Invesco RAFI Emerging Markets ETF

Several hedge funds have recently added to or reduced their stakes in PXH. Cidel Asset Management Inc. increased its position in Invesco RAFI Emerging Markets ETF by 8.8% during the first quarter. Cidel Asset Management Inc. now owns 619,812 shares of the company’s stock worth $16,679,000 after buying an additional 50,291 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 294.6% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 151,335 shares of the company’s stock valued at $3,906,000 after acquiring an additional 112,988 shares during the period. Kinetic Wealth Investment Advisors LLC purchased a new position in shares of Invesco RAFI Emerging Markets ETF during the second quarter worth approximately $843,000. Citadel Advisors LLC grew its position in shares of Invesco RAFI Emerging Markets ETF by 155.7% during the second quarter. Citadel Advisors LLC now owns 146,110 shares of the company’s stock worth $4,074,000 after acquiring an additional 88,971 shares during the last quarter. Finally, Bank of America Corp DE grew its position in shares of Invesco RAFI Emerging Markets ETF by 6.1% during the first quarter. Bank of America Corp DE now owns 1,686,830 shares of the company’s stock worth $45,393,000 after acquiring an additional 96,377 shares during the last quarter.

Invesco RAFI Emerging Markets ETF Price Performance

Shares of PXH traded up $0.02 during mid-day trading on Friday, reaching $29.24. The company’s stock had a trading volume of 142,200 shares, compared to its average volume of 281,467. Invesco RAFI Emerging Markets ETF has a 12-month low of $24.35 and a 12-month high of $30.35. The stock has a market cap of $2.06 billion, a PE ratio of 10.43 and a beta of 0.56. The company’s 50 day moving average is $29.26 and its 200 day moving average is $28.52.

Invesco 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.