US Bancorp DE Sells 492 Shares of Invesco RAFI Emerging Markets ETF $PXH

US Bancorp DE lessened its stake in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 21.1% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,842 shares of the company’s stock after selling 492 shares during the period. US Bancorp DE’s holdings in Invesco RAFI Emerging Markets ETF were worth $40,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. NorthRock Partners LLC bought a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter valued at approximately $45,000. Maridea Wealth Management LLC bought a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter valued at approximately $225,000. LPL Financial LLC increased its position in Invesco RAFI Emerging Markets ETF by 14.5% during the 1st quarter. LPL Financial LLC now owns 1,007,690 shares of the company’s stock valued at $21,907,000 after buying an additional 127,300 shares in the last quarter. Cetera Investment Advisers bought a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter valued at approximately $283,000. Finally, Avantax Advisory Services Inc. increased its position in Invesco RAFI Emerging Markets ETF by 23.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 83,664 shares of the company’s stock valued at $1,819,000 after buying an additional 16,075 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Trading Down 0.9%

Shares of PXH opened at $24.20 on Wednesday. The business’s fifty day simple moving average is $23.71 and its two-hundred day simple moving average is $22.42. Invesco RAFI Emerging Markets ETF has a 12 month low of $18.62 and a 12 month high of $24.68. The company has a market cap of $1.55 billion, a price-to-earnings ratio of 10.43 and a beta of 0.73.

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.