Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Sees Large Volume Increase – Here’s What Happened

Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) saw an uptick in trading volume on Monday . 591,828 shares were traded during trading, an increase of 216% from the previous session’s volume of 187,250 shares.The stock last traded at $20.61 and had previously closed at $20.48.

Invesco FTSE RAFI Emerging Markets ETF Trading Up 0.5 %

The stock has a market cap of $1.30 billion, a PE ratio of 7.54 and a beta of 0.82. The business has a fifty day simple moving average of $21.18 and a two-hundred day simple moving average of $20.87.

Institutional Trading of Invesco FTSE RAFI Emerging Markets ETF

A number of hedge funds have recently modified their holdings of PXH. Daiwa Securities Group Inc. grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 56.2% in the second quarter. Daiwa Securities Group Inc. now owns 1,195,500 shares of the company’s stock worth $24,209,000 after acquiring an additional 430,000 shares during the last quarter. Rothschild Investment LLC purchased a new position in Invesco FTSE RAFI Emerging Markets ETF in the second quarter worth about $3,625,000. Susquehanna International Group LLP lifted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 111.9% in the second quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock worth $4,853,000 after buying an additional 126,536 shares in the last quarter. FMR LLC grew its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 6.5% during the third quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after buying an additional 117,740 shares during the last quarter. Finally, Edge Financial Advisors LLC bought a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the third quarter valued at approximately $1,971,000.

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.