Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH – Get Free Report) hit a new 52-week high on Tuesday . The company traded as high as $21.52 and last traded at $21.52, with a volume of 10698 shares. The stock had previously closed at $20.70.
Invesco FTSE RAFI Emerging Markets ETF Price Performance
The firm has a fifty day simple moving average of $20.30 and a 200-day simple moving average of $20.19. The firm has a market cap of $1.34 billion, a P/E ratio of 7.54 and a beta of 0.82.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Daiwa Securities Group Inc. lifted its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 56.2% in the second quarter. Daiwa Securities Group Inc. now owns 1,195,500 shares of the company’s stock worth $24,209,000 after buying an additional 430,000 shares in the last quarter. OLD Mission Capital LLC bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the first quarter valued at $3,640,000. Rothschild Investment LLC bought a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the 2nd quarter valued at about $3,625,000. Susquehanna International Group LLP boosted its position in Invesco FTSE RAFI Emerging Markets ETF by 111.9% during the 2nd quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock valued at $4,853,000 after acquiring an additional 126,536 shares in the last quarter. Finally, Fiduciary Trust Co purchased a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the 4th quarter worth approximately $1,215,000.
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.
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