Northwestern Mutual Wealth Management Co. Boosts Stock Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Northwestern Mutual Wealth Management Co. increased its stake in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 14.9% during the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 19,485 shares of the company’s stock after buying an additional 2,527 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $395,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Lowe Wealth Advisors LLC boosted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 11.0% in the 1st quarter. Lowe Wealth Advisors LLC now owns 41,023 shares of the company’s stock valued at $798,000 after purchasing an additional 4,063 shares during the last quarter. Johnson & White Wealth Management LLC lifted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 16.7% in the first quarter. Johnson & White Wealth Management LLC now owns 201,078 shares of the company’s stock valued at $3,913,000 after acquiring an additional 28,804 shares during the last quarter. Paragon Capital Management Ltd purchased a new position in Invesco FTSE RAFI Emerging Markets ETF in the first quarter worth approximately $356,000. Flagstar Advisors Inc. increased its stake in Invesco FTSE RAFI Emerging Markets ETF by 7.7% during the first quarter. Flagstar Advisors Inc. now owns 10,818 shares of the company’s stock worth $211,000 after acquiring an additional 776 shares during the last quarter. Finally, Edge Financial Advisors LLC purchased a new stake in Invesco FTSE RAFI Emerging Markets ETF in the first quarter valued at $796,000.

Invesco FTSE RAFI Emerging Markets ETF Trading Down 4.6 %

NYSEARCA PXH opened at $22.14 on Wednesday. The stock has a fifty day simple moving average of $20.77 and a 200-day simple moving average of $20.42. The stock has a market cap of $1.38 billion, a PE ratio of 7.54 and a beta of 0.82. Invesco FTSE RAFI Emerging Markets ETF has a twelve month low of $17.12 and a twelve month high of $23.27.

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.