Net Worth Advisory Group Sells 2,950 Shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH)

Net Worth Advisory Group lessened its holdings in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 9.3% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 28,880 shares of the company’s stock after selling 2,950 shares during the period. Net Worth Advisory Group’s holdings in Invesco RAFI Emerging Markets ETF were worth $628,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in PXH. LPL Financial LLC grew its stake in shares of Invesco RAFI Emerging Markets ETF by 1.2% in the 4th quarter. LPL Financial LLC now owns 880,390 shares of the company’s stock valued at $18,030,000 after purchasing an additional 10,820 shares during the period. Invesco Ltd. boosted its stake in Invesco RAFI Emerging Markets ETF by 64.3% in the 4th quarter. Invesco Ltd. now owns 724,559 shares of the company’s stock valued at $14,839,000 after buying an additional 283,501 shares in the last quarter. OLD Mission Capital LLC grew its position in Invesco RAFI Emerging Markets ETF by 64.5% in the fourth quarter. OLD Mission Capital LLC now owns 592,316 shares of the company’s stock valued at $12,131,000 after acquiring an additional 232,198 shares during the period. HighTower Advisors LLC raised its stake in Invesco RAFI Emerging Markets ETF by 0.4% during the fourth quarter. HighTower Advisors LLC now owns 553,049 shares of the company’s stock worth $11,326,000 after acquiring an additional 2,328 shares in the last quarter. Finally, Atlas Legacy Advisors LLC acquired a new position in Invesco RAFI Emerging Markets ETF during the fourth quarter worth $10,282,000.

Invesco RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:PXH opened at $23.35 on Thursday. The company’s fifty day moving average is $21.68 and its 200-day moving average is $21.38. Invesco RAFI Emerging Markets ETF has a 52 week low of $18.44 and a 52 week high of $23.41. The company has a market capitalization of $1.41 billion, a PE ratio of 9.66 and a beta of 0.61.

About Invesco 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.