Daiwa Securities Group Inc. Raises Stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Daiwa Securities Group Inc. increased its holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.4% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 1,295,500 shares of the company’s stock after buying an additional 100,000 shares during the quarter. Daiwa Securities Group Inc. owned about 2.07% of Invesco FTSE RAFI Emerging Markets ETF worth $28,436,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Farther Finance Advisors LLC raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 7,542.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,605 shares of the company’s stock valued at $35,000 after buying an additional 1,584 shares during the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in Invesco FTSE RAFI Emerging Markets ETF during the third quarter valued at approximately $44,000. Comerica Bank lifted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 98.2% in the first quarter. Comerica Bank now owns 2,797 shares of the company’s stock valued at $54,000 after acquiring an additional 1,386 shares during the period. Larson Financial Group LLC boosted its position in Invesco FTSE RAFI Emerging Markets ETF by 286.7% in the 3rd quarter. Larson Financial Group LLC now owns 2,695 shares of the company’s stock worth $59,000 after purchasing an additional 1,998 shares in the last quarter. Finally, Asset Dedication LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the 2nd quarter worth approximately $176,000.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

NYSEARCA:PXH opened at $20.79 on Friday. The company has a 50 day moving average price of $21.56 and a 200-day moving average price of $20.84. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $17.95 and a 1-year high of $23.27. The firm has a market cap of $1.30 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82.

Invesco FTSE 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.