Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Hits New 12-Month High at $20.50

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) hit a new 52-week high during trading on Thursday . The stock traded as high as $20.50 and last traded at $20.50, with a volume of 121407 shares traded. The stock had previously closed at $20.34.

Invesco FTSE RAFI Emerging Markets ETF Trading Up 0.8 %

The company has a market cap of $1.28 billion, a price-to-earnings ratio of 7.12 and a beta of 0.80. The company has a fifty day moving average price of $19.54 and a two-hundred day moving average price of $18.87.

Institutional Trading of Invesco FTSE RAFI Emerging Markets ETF

Several institutional investors have recently modified their holdings of PXH. Daiwa Securities Group Inc. boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 54.5% in the 1st quarter. Daiwa Securities Group Inc. now owns 765,500 shares of the company’s stock valued at $14,897,000 after buying an additional 270,000 shares in the last quarter. Private Advisor Group LLC boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 32.1% in the 1st quarter. Private Advisor Group LLC now owns 66,094 shares of the company’s stock valued at $1,286,000 after buying an additional 16,045 shares in the last quarter. Global Retirement Partners LLC acquired a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 1st quarter valued at $93,000. Strategic Blueprint LLC acquired a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 1st quarter valued at $220,000. Finally, Drive Wealth Management LLC boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 53.0% in the 1st quarter. Drive Wealth Management LLC now owns 99,476 shares of the company’s stock valued at $1,936,000 after buying an additional 34,453 shares in the last quarter.

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.