MAI Capital Management Grows Stake in Invesco RAFI Emerging Markets ETF $PXH

MAI Capital Management increased its position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 2,317.6% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 79,973 shares of the company’s stock after acquiring an additional 76,665 shares during the period. MAI Capital Management’s holdings in Invesco RAFI Emerging Markets ETF were worth $2,033,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in Invesco RAFI Emerging Markets ETF by 15.6% in the fourth quarter. Brighton Jones LLC now owns 11,893 shares of the company’s stock valued at $244,000 after purchasing an additional 1,608 shares during the last quarter. Revolve Wealth Partners LLC purchased a new stake in shares of Invesco RAFI Emerging Markets ETF in the 4th quarter worth about $358,000. Royal Bank of Canada grew its stake in Invesco RAFI Emerging Markets ETF by 38.5% in the 1st quarter. Royal Bank of Canada now owns 385,081 shares of the company’s stock valued at $8,372,000 after acquiring an additional 107,132 shares during the last quarter. NewEdge Advisors LLC increased its holdings in Invesco RAFI Emerging Markets ETF by 2.8% during the 1st quarter. NewEdge Advisors LLC now owns 50,475 shares of the company’s stock valued at $1,097,000 after acquiring an additional 1,371 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter valued at about $4,740,000.

Invesco RAFI Emerging Markets ETF Trading Down 0.3%

Shares of PXH opened at $28.51 on Friday. Invesco RAFI Emerging Markets ETF has a 12-month low of $18.62 and a 12-month high of $28.98. The stock has a market cap of $1.96 billion, a P/E ratio of 10.43 and a beta of 0.60. The company has a 50-day moving average of $27.30 and a two-hundred day moving average of $26.07.

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.