Edge Financial Advisors LLC Sells 4,501 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Edge Financial Advisors LLC cut its position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 5.0% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 85,307 shares of the company’s stock after selling 4,501 shares during the period. Invesco FTSE RAFI Emerging Markets ETF comprises 1.6% of Edge Financial Advisors LLC’s portfolio, making the stock its 22nd largest holding. Edge Financial Advisors LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $1,747,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Susquehanna International Group LLP boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 111.9% in the 2nd quarter. Susquehanna International Group LLP now owns 239,655 shares of the company’s stock worth $4,853,000 after purchasing an additional 126,536 shares during the period. FMR LLC grew its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 6.5% during the third quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after purchasing an additional 117,740 shares in the last quarter. Daiwa Securities Group Inc. lifted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 8.4% in the third quarter. Daiwa Securities Group Inc. now owns 1,295,500 shares of the company’s stock worth $28,436,000 after buying an additional 100,000 shares in the last quarter. Townsquare Capital LLC purchased a new position in Invesco FTSE RAFI Emerging Markets ETF during the 3rd quarter valued at approximately $1,356,000. Finally, Jane Street Group LLC increased its stake in Invesco FTSE RAFI Emerging Markets ETF by 12.6% in the 3rd quarter. Jane Street Group LLC now owns 400,109 shares of the company’s stock worth $8,782,000 after acquiring an additional 44,801 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

NYSEARCA PXH opened at $20.61 on Thursday. Invesco FTSE RAFI Emerging Markets ETF has a one year low of $18.04 and a one year high of $23.27. The stock has a 50 day moving average price of $20.68 and a 200-day moving average price of $20.86. The company has a market capitalization of $1.29 billion, a P/E ratio of 7.54 and a beta of 0.82.

Invesco FTSE RAFI Emerging Markets ETF Company 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.