Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Large Volume Increase – Should You Buy?

by · The Cerbat Gem

Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH – Get Free Report) saw strong trading volume on Tuesday . 490,580 shares changed hands during mid-day trading, an increase of 168% from the previous session’s volume of 182,789 shares.The stock last traded at $20.90 and had previously closed at $21.01.

Invesco FTSE RAFI Emerging Markets ETF Stock Down 0.1 %

The stock has a fifty day simple moving average of $21.55 and a 200 day simple moving average of $20.84. The firm has a market capitalization of $1.30 billion, a P/E ratio of 7.54 and a beta of 0.82.

Institutional Trading of Invesco FTSE RAFI Emerging Markets ETF

Hedge funds have recently bought and sold shares of the stock. BNP Paribas Financial Markets bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the third quarter worth $27,000. Farther Finance Advisors LLC boosted its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 7,542.9% in the third quarter. Farther Finance Advisors LLC now owns 1,605 shares of the company’s stock valued at $35,000 after purchasing an additional 1,584 shares during the period. Massmutual Trust Co. FSB ADV purchased a new position in Invesco FTSE RAFI Emerging Markets ETF during the 3rd quarter worth $44,000. Comerica Bank raised its position in Invesco FTSE RAFI Emerging Markets ETF by 98.2% during the 1st quarter. Comerica Bank now owns 2,797 shares of the company’s stock valued at $54,000 after purchasing an additional 1,386 shares in the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of 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 buying an additional 1,998 shares during the period.

About Invesco FTSE RAFI Emerging Markets ETF

(Get Free Report)

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.

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