Cidel Asset Management Inc. Increases Stock Position in Invesco RAFI Emerging Markets ETF $PXH

Cidel Asset Management Inc. lifted its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.8% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 619,812 shares of the company’s stock after acquiring an additional 50,291 shares during the quarter. Cidel Asset Management Inc.’s holdings in Invesco RAFI Emerging Markets ETF were worth $16,679,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently made changes to their positions in PXH. LPL Financial LLC boosted its holdings in Invesco RAFI Emerging Markets ETF by 88.6% in the fourth quarter. LPL Financial LLC now owns 1,894,726 shares of the company’s stock worth $48,903,000 after purchasing an additional 890,135 shares during the last quarter. Wells Fargo & Company MN raised its stake in Invesco RAFI Emerging Markets ETF by 22.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,326,588 shares of the company’s stock valued at $60,049,000 after buying an additional 428,086 shares during the last quarter. Daiwa Securities Group Inc. raised its stake in Invesco RAFI Emerging Markets ETF by 42.8% during the 3rd quarter. Daiwa Securities Group Inc. now owns 1,335,500 shares of the company’s stock valued at $33,948,000 after buying an additional 400,000 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Invesco RAFI Emerging Markets ETF by 9.6% during the 3rd quarter. Ameriprise Financial Inc. now owns 2,576,427 shares of the company’s stock valued at $65,478,000 after buying an additional 226,381 shares during the period. Finally, Jane Street Group LLC bought a new position in shares of Invesco RAFI Emerging Markets ETF during the 1st quarter valued at $4,740,000.

Invesco RAFI Emerging Markets ETF Price Performance

PXH stock opened at $28.14 on Wednesday. The company has a market cap of $1.93 billion, a P/E ratio of 10.43 and a beta of 0.55. Invesco RAFI Emerging Markets ETF has a 1 year low of $23.12 and a 1 year high of $30.11. The stock’s fifty day moving average price is $28.80 and its 200-day moving average price is $27.62.

Invesco 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.