Cetera Investment Advisers Increases Stock Position in Invesco RAFI Emerging Markets ETF $PXH

Cetera Investment Advisers grew its holdings in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 30.0% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 336,805 shares of the company’s stock after buying an additional 77,633 shares during the period. Cetera Investment Advisers’ holdings in Invesco RAFI Emerging Markets ETF were worth $9,063,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. PNC Financial Services Group Inc. bought a new stake in Invesco RAFI Emerging Markets ETF during the fourth quarter worth about $25,000. CBIZ Investment Advisory Services LLC bought a new position in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter valued at approximately $26,000. Brown Brothers Harriman & Co. bought a new position in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter valued at approximately $27,000. Advisory Services Network LLC purchased a new position in shares of Invesco RAFI Emerging Markets ETF during the third quarter valued at approximately $36,000. Finally, Geneos Wealth Management Inc. purchased a new position in shares of Invesco RAFI Emerging Markets ETF during the first quarter valued at approximately $37,000.

Invesco RAFI Emerging Markets ETF Stock Up 1.0%

Shares of PXH opened at $29.00 on Friday. The business’s 50 day moving average price is $28.51 and its 200-day moving average price is $28.04. Invesco RAFI Emerging Markets ETF has a 52 week low of $23.40 and a 52 week high of $30.11. The stock has a market cap of $1.94 billion, a P/E ratio of 10.43 and a beta of 0.56.

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.