Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Strong Trading Volume

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) shares saw an uptick in trading volume on Thursday . 79,684 shares were traded during trading, a decline of 60% from the previous session’s volume of 201,037 shares.The stock last traded at $20.21 and had previously closed at $20.21.

Invesco FTSE RAFI Emerging Markets ETF Trading Up 0.3 %

The company’s 50 day simple moving average is $20.46 and its 200 day simple moving average is $19.54. The stock has a market capitalization of $1.26 billion, a PE ratio of 7.54 and a beta of 0.82.

Institutional Investors Weigh In On Invesco FTSE RAFI Emerging Markets ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in PXH. Austin Wealth Management LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF in the first quarter worth approximately $210,000. Atria Investments Inc purchased a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the 1st quarter valued at $1,042,000. Vima LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the 1st quarter worth $563,000. Comerica Bank raised its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 98.2% in the 1st quarter. Comerica Bank now owns 2,797 shares of the company’s stock worth $54,000 after buying an additional 1,386 shares during the period. Finally, OLD Mission Capital LLC acquired a new position in Invesco FTSE RAFI Emerging Markets ETF in the first quarter valued at $3,640,000.

About Invesco FTSE 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.