Envestnet Asset Management Inc. Reduces Stock Holdings in Invesco RAFI Emerging Markets ETF $PXH

Envestnet Asset Management Inc. reduced its position in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 105,259 shares of the company’s stock after selling 10,074 shares during the period. Envestnet Asset Management Inc. owned 0.16% of Invesco RAFI Emerging Markets ETF worth $2,462,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently bought and sold shares of the company. RMG Wealth Management LLC purchased a new stake in shares of Invesco RAFI Emerging Markets ETF in the 2nd quarter valued at approximately $41,000. Geneos Wealth Management Inc. acquired a new stake in Invesco RAFI Emerging Markets ETF during the first quarter worth $37,000. Ameritas Advisory Services LLC purchased a new stake in Invesco RAFI Emerging Markets ETF in the second quarter valued at $47,000. NorthRock Partners LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the 1st quarter valued at $45,000. Finally, Crewe Advisors LLC grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 71.4% during the 2nd quarter. Crewe Advisors LLC now owns 2,256 shares of the company’s stock worth $53,000 after purchasing an additional 940 shares during the period.

Invesco RAFI Emerging Markets ETF Trading Down 0.2%

Shares of NYSEARCA:PXH opened at $26.18 on Monday. The company has a market capitalization of $1.72 billion, a price-to-earnings ratio of 10.43 and a beta of 0.60. Invesco RAFI Emerging Markets ETF has a 12-month low of $18.62 and a 12-month high of $26.52. The business has a 50-day moving average price of $25.62 and a 200 day moving average price of $24.19.

Invesco 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.