First Horizon Advisors Inc. Purchases New Shares in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

First Horizon Advisors Inc. acquired a new position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 2,513 shares of the company’s stock, valued at approximately $48,000.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Ameriprise Financial Inc. increased its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 0.5% during the third quarter. Ameriprise Financial Inc. now owns 2,234,400 shares of the company’s stock valued at $39,692,000 after acquiring an additional 11,930 shares in the last quarter. Bank of New York Mellon Corp purchased a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the third quarter worth $21,811,000. Invesco Ltd. lifted its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 9.2% during the third quarter. Invesco Ltd. now owns 1,093,797 shares of the company’s stock valued at $19,491,000 after purchasing an additional 92,045 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 0.5% during the third quarter. Avantax Advisory Services Inc. now owns 634,938 shares of the company’s stock valued at $11,315,000 after buying an additional 3,051 shares during the last quarter. Finally, Arlington Financial Advisors LLC bought a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter worth about $10,628,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

PXH opened at $20.35 on Wednesday. The company’s 50-day simple moving average is $19.51 and its two-hundred day simple moving average is $18.86. The stock has a market capitalization of $1.27 billion, a P/E ratio of 7.12 and a beta of 0.80. Invesco FTSE RAFI Emerging Markets ETF has a 52-week low of $17.12 and a 52-week high of $20.50.

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.