Net Worth Advisory Group Invests $778,000 in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Net Worth Advisory Group bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 35,441 shares of the company’s stock, valued at approximately $778,000.

A number of other large investors have also recently bought and sold shares of the company. Flagstar Advisors Inc. lifted its stake in Invesco FTSE RAFI Emerging Markets ETF by 7.7% during the 1st quarter. Flagstar Advisors Inc. now owns 10,818 shares of the company’s stock valued at $211,000 after acquiring an additional 776 shares during the period. Sequoia Financial Advisors LLC grew its position in Invesco FTSE RAFI Emerging Markets ETF by 2.2% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 39,765 shares of the company’s stock worth $805,000 after purchasing an additional 856 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.7% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 30,557 shares of the company’s stock valued at $619,000 after buying an additional 1,100 shares during the last quarter. Comerica Bank boosted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 98.2% in the first quarter. Comerica Bank now owns 2,797 shares of the company’s stock worth $54,000 after buying an additional 1,386 shares during the last quarter. Finally, Massmutual Trust Co. FSB ADV acquired a new stake in Invesco FTSE RAFI Emerging Markets ETF during the third quarter worth about $44,000.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

NYSEARCA:PXH opened at $21.96 on Friday. The company has a 50 day moving average price of $21.08 and a 200-day moving average price of $20.53. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $17.12 and a 1-year high of $23.27. The firm has a market cap of $1.37 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82.

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.