Kinetic Wealth Investment Advisors LLC Acquires Shares of 30,246 Invesco RAFI Emerging Markets ETF $PXH

Kinetic Wealth Investment Advisors LLC bought a new position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 30,246 shares of the company’s stock, valued at approximately $843,000.

Other institutional investors have also made changes to their positions in the company. PNC Financial Services Group Inc. acquired a new stake in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter valued at approximately $25,000. CBIZ Investment Advisory Services LLC acquired a new position in Invesco RAFI Emerging Markets ETF in the 4th quarter worth approximately $26,000. Brown Brothers Harriman & Co. purchased a new position in Invesco RAFI Emerging Markets ETF during the 4th quarter worth approximately $27,000. Western Wealth Management LLC purchased a new position in Invesco RAFI Emerging Markets ETF during the 1st quarter worth approximately $32,000. Finally, Advisory Services Network LLC acquired a new stake in Invesco RAFI Emerging Markets ETF during the 3rd quarter valued at $36,000.

Invesco RAFI Emerging Markets ETF Price Performance

PXH opened at $30.30 on Tuesday. The stock has a fifty day moving average of $28.84 and a 200-day moving average of $28.37. The firm has a market capitalization of $2.03 billion, a P/E ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a 12-month low of $24.35 and a 12-month high of $30.35.

Invesco RAFI Emerging Markets ETF 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.