PNC Financial Services Group Inc. Buys 1,819 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

PNC Financial Services Group Inc. grew its position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 42.9% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,058 shares of the company’s stock after purchasing an additional 1,819 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $124,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also modified their holdings of the company. Flagstar Advisors Inc. raised its stake in Invesco FTSE RAFI Emerging Markets ETF by 4.8% during the 4th quarter. Flagstar Advisors Inc. now owns 14,681 shares of the company’s stock valued at $301,000 after purchasing an additional 672 shares during the last quarter. DAVENPORT & Co LLC lifted its holdings 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 valued at $602,000 after acquiring an additional 728 shares during the period. Efficient Frontier Advisors LLC lifted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 6.8% during the 4th quarter. Efficient Frontier Advisors LLC now owns 12,008 shares of the company’s stock valued at $246,000 after purchasing an additional 765 shares during the last quarter. Lowe Wealth Advisors LLC raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 1.7% in the fourth quarter. Lowe Wealth Advisors LLC now owns 50,032 shares of the company’s stock valued at $1,025,000 after acquiring an additional 828 shares during the last quarter. Finally, BNP Paribas Financial Markets acquired a new position in Invesco FTSE RAFI Emerging Markets ETF in the third quarter worth $27,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

Shares of PXH opened at $22.13 on Tuesday. The business’s fifty day moving average price is $21.51 and its two-hundred day moving average price is $21.26. The firm has a market capitalization of $1.28 billion, a price-to-earnings ratio of 10.19 and a beta of 0.74. Invesco FTSE RAFI Emerging Markets ETF has a 52 week low of $18.44 and a 52 week high of $23.27.

Invesco FTSE RAFI Emerging Markets ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued a dividend of $0.1191 per share. The ex-dividend date is Monday, March 24th.

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.