Wealthfront Advisers LLC Purchases 23,841 Shares of Invesco RAFI Emerging Markets ETF $PXH

Wealthfront Advisers LLC raised its position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 81.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 53,078 shares of the company’s stock after acquiring an additional 23,841 shares during the period. Wealthfront Advisers LLC owned approximately 0.08% of Invesco RAFI Emerging Markets ETF worth $1,428,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of PXH. Brighton Jones LLC increased its position 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 worth $244,000 after purchasing an additional 1,608 shares during the last quarter. Revolve Wealth Partners LLC bought a new position in Invesco RAFI Emerging Markets ETF during the fourth quarter valued at $358,000. Royal Bank of Canada grew its stake in shares of 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 worth $8,372,000 after buying an additional 107,132 shares in the last quarter. NewEdge Advisors LLC grew its stake in shares of Invesco RAFI Emerging Markets ETF by 2.8% in the 1st quarter. NewEdge Advisors LLC now owns 50,475 shares of the company’s stock worth $1,097,000 after buying an additional 1,371 shares in the last quarter. Finally, Jane Street Group LLC purchased a new position in shares of Invesco RAFI Emerging Markets ETF in the 1st quarter worth $4,740,000.

Invesco RAFI Emerging Markets ETF Stock Up 0.2%

Invesco RAFI Emerging Markets ETF stock opened at $28.15 on Tuesday. The company’s 50-day moving average price is $28.55 and its 200-day moving average price is $27.91. The company has a market cap of $1.89 billion, a PE ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a twelve month low of $23.40 and a twelve month high of $30.11.

Invesco RAFI Emerging Markets ETF 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.