Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH – Get Free Report) was the recipient of a large decline in short interest during the month of September. As of September 30th, there was short interest totaling 15,249 shares, a decline of 85.3% from the September 15th total of 103,394 shares. Based on an average daily volume of 258,567 shares, the short-interest ratio is currently 0.1 days. Approximately 0.0% of the company’s shares are short sold.
Invesco RAFI Emerging Markets ETF Stock Up 1.2%
NYSEARCA:PXH traded up $0.36 during trading hours on Friday, hitting $29.61. 114,270 shares of the stock were exchanged, compared to its average volume of 280,587. The company has a market capitalization of $2.08 billion, a P/E ratio of 10.43 and a beta of 0.56. The company’s 50 day moving average is $29.44 and its two-hundred day moving average is $28.69. Invesco RAFI Emerging Markets ETF has a twelve month low of $24.35 and a twelve month high of $30.35.
Hedge Funds Weigh In On Invesco RAFI Emerging Markets ETF
Several large investors have recently made changes to their positions in PXH. Western Wealth Management LLC bought a new position in Invesco RAFI Emerging Markets ETF in the first quarter valued at about $32,000. Versant Capital Management Inc bought a new stake in Invesco RAFI Emerging Markets ETF during the 3rd quarter worth about $40,000. Fifth Third Bancorp lifted its position in Invesco RAFI Emerging Markets ETF by 400.4% during the 1st quarter. Fifth Third Bancorp now owns 4,799 shares of the company’s stock valued at $129,000 after purchasing an additional 3,840 shares during the period. Farther Finance Advisors LLC boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 149.6% in the 3rd quarter. Farther Finance Advisors LLC now owns 5,011 shares of the company’s stock valued at $146,000 after purchasing an additional 3,003 shares during the last quarter. Finally, Key Financial Inc boosted its stake in shares of Invesco RAFI Emerging Markets ETF by 370.1% in the 1st quarter. Key Financial Inc now owns 7,240 shares of the company’s stock valued at $195,000 after purchasing an additional 5,700 shares during the last quarter.
About Invesco 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.
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