Foster & Motley Inc. Trims Holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Foster & Motley Inc. reduced its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 4.8% during the 4th quarter, HoldingsChannel reports. The firm owned 175,810 shares of the company’s stock after selling 8,949 shares during the period. Foster & Motley Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $3,601,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of the business. Susquehanna International Group LLP increased its position in Invesco FTSE RAFI Emerging Markets ETF by 111.9% in the 2nd quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock valued at $4,853,000 after acquiring an additional 126,536 shares during the period. FMR LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 6.5% in the 3rd quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after purchasing an additional 117,740 shares during the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 8.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,295,500 shares of the company’s stock valued at $28,436,000 after purchasing an additional 100,000 shares during the last quarter. Edge Financial Advisors LLC acquired a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the third quarter valued at approximately $1,971,000. Finally, Townsquare Capital LLC purchased a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the third quarter worth approximately $1,356,000.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Shares of NYSEARCA PXH opened at $20.80 on Thursday. The company has a market cap of $1.30 billion, a PE ratio of 7.54 and a beta of 0.82. The stock has a fifty day moving average price of $20.67 and a 200 day moving average price of $20.85. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $18.44 and a 1-year high of $23.27.

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.