Flagstar Advisors Inc. Purchases 672 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Flagstar Advisors Inc. boosted its position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 4.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 14,681 shares of the company’s stock after buying an additional 672 shares during the quarter. Flagstar Advisors Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $301,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PXH. Creative Planning raised its holdings in Invesco FTSE RAFI Emerging Markets ETF by 3.5% in the third quarter. Creative Planning now owns 88,136 shares of the company’s stock worth $1,935,000 after purchasing an additional 2,950 shares in the last quarter. Sequoia Financial Advisors LLC increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 19.4% during the third quarter. Sequoia Financial Advisors LLC now owns 47,487 shares of the company’s stock valued at $1,042,000 after acquiring an additional 7,722 shares in the last quarter. Brighton Jones LLC bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the third quarter valued at $226,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 7.6% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 252,976 shares of the company’s stock valued at $5,553,000 after acquiring an additional 17,888 shares in the last quarter. Finally, Edge Financial Advisors LLC bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the third quarter valued at $1,971,000.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Shares of NYSEARCA:PXH opened at $22.00 on Thursday. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $18.44 and a 1-year high of $23.27. The business has a fifty day moving average price of $20.81 and a 200-day moving average price of $20.98. The company has a market capitalization of $1.37 billion, a PE ratio of 7.54 and a beta of 0.82.

Invesco FTSE 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.