Baird Financial Group Inc. Boosts Stock Holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Baird Financial Group Inc. grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 3.4% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 194,552 shares of the company’s stock after buying an additional 6,412 shares during the period. Baird Financial Group Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $3,984,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagstar Advisors Inc. increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 4.8% in the 4th quarter. Flagstar Advisors Inc. now owns 14,681 shares of the company’s stock valued at $301,000 after purchasing an additional 672 shares in the last quarter. Corient Private Wealth LLC grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.3% in the fourth quarter. Corient Private Wealth LLC now owns 21,893 shares of the company’s stock valued at $448,000 after buying an additional 695 shares in the last quarter. DAVENPORT & Co LLC raised its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 2.5% during the 4th quarter. DAVENPORT & Co LLC now owns 29,374 shares of the company’s stock valued at $602,000 after buying an additional 728 shares during the period. Efficient Frontier Advisors LLC lifted its position in Invesco FTSE RAFI Emerging Markets ETF by 6.8% during the 4th quarter. Efficient Frontier Advisors LLC now owns 12,008 shares of the company’s stock worth $246,000 after acquiring an additional 765 shares in the last quarter. Finally, Apollon Wealth Management LLC boosted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 5.5% in the 4th quarter. Apollon Wealth Management LLC now owns 25,375 shares of the company’s stock worth $520,000 after acquiring an additional 1,324 shares during the period.

Invesco FTSE RAFI Emerging Markets ETF Stock Up 0.7 %

PXH opened at $21.99 on Friday. The firm’s 50 day moving average is $21.37 and its 200-day moving average is $21.15. Invesco FTSE RAFI Emerging Markets ETF has a 52-week low of $18.44 and a 52-week high of $23.27. The firm has a market capitalization of $1.29 billion, a P/E ratio of 9.66 and a beta of 0.61.

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.