Firethorn Wealth Partners LLC Makes New $967,000 Investment in Invesco RAFI Emerging Markets ETF $PXH

Firethorn Wealth Partners LLC acquired a new stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 33,273 shares of the company’s stock, valued at approximately $967,000.

Several other large investors have also recently added to or reduced their stakes in PXH. Western Wealth Management LLC acquired a new stake in shares of Invesco RAFI Emerging Markets ETF during the first quarter worth $32,000. Versant Capital Management Inc acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the third quarter valued at about $40,000. Fifth Third Bancorp increased its position in Invesco RAFI Emerging Markets ETF by 400.4% during the first quarter. Fifth Third Bancorp now owns 4,799 shares of the company’s stock worth $129,000 after acquiring an additional 3,840 shares during the period. Farther Finance Advisors LLC increased its position in Invesco RAFI Emerging Markets ETF by 149.6% during the third quarter. Farther Finance Advisors LLC now owns 5,011 shares of the company’s stock worth $146,000 after acquiring an additional 3,003 shares during the period. Finally, Gradient Investments LLC acquired a new stake in Invesco RAFI Emerging Markets ETF in the 3rd quarter worth about $208,000.

Invesco RAFI Emerging Markets ETF Price Performance

Invesco RAFI Emerging Markets ETF stock traded down $0.21 during midday trading on Wednesday, hitting $29.54. The company’s stock had a trading volume of 58,023 shares, compared to its average volume of 278,529. The company has a market cap of $2.07 billion, a price-to-earnings ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a 1-year low of $25.08 and a 1-year high of $30.35. The company has a 50-day moving average price of $29.46 and a two-hundred day moving average price of $28.75.

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.