Victory Capital Management Inc. Has $41.35 Million Position in Invesco RAFI Emerging Markets ETF $PXH

Victory Capital Management Inc. cut its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 1,626,753 shares of the company’s stock after selling 146,755 shares during the quarter. Victory Capital Management Inc.’s holdings in Invesco RAFI Emerging Markets ETF were worth $41,352,000 at the end of the most recent quarter.

A number of other hedge funds have also modified their holdings of the company. AlphaCore Capital LLC boosted its stake in Invesco RAFI Emerging Markets ETF by 12.3% during the 3rd quarter. AlphaCore Capital LLC now owns 14,524 shares of the company’s stock worth $369,000 after acquiring an additional 1,594 shares during the last quarter. MAI Capital Management increased its stake in Invesco RAFI Emerging Markets ETF by 2,317.6% in the third quarter. MAI Capital Management now owns 79,973 shares of the company’s stock valued at $2,033,000 after purchasing an additional 76,665 shares in the last quarter. Rollins Financial Advisors LLC acquired a new stake in Invesco RAFI Emerging Markets ETF in the third quarter worth $477,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in Invesco RAFI Emerging Markets ETF in the third quarter worth $207,000. Finally, Maridea Wealth Management LLC boosted its position in shares of Invesco RAFI Emerging Markets ETF by 30.3% during the third quarter. Maridea Wealth Management LLC now owns 14,027 shares of the company’s stock worth $362,000 after purchasing an additional 3,264 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Stock Down 0.4%

Shares of PXH stock opened at $26.75 on Friday. Invesco RAFI Emerging Markets ETF has a 12-month low of $18.62 and a 12-month high of $28.98. The firm has a fifty day moving average of $27.45 and a 200-day moving average of $26.19. The firm has a market capitalization of $1.84 billion, a price-to-earnings ratio of 10.43 and a beta of 0.60.

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.