Maridea Wealth Management LLC Buys Shares of 10,347 Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH)

Maridea Wealth Management LLC bought a new stake in shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 10,347 shares of the company’s stock, valued at approximately $225,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. LPL Financial LLC raised its holdings in Invesco RAFI Emerging Markets ETF by 14.5% during the 1st quarter. LPL Financial LLC now owns 1,007,690 shares of the company’s stock valued at $21,907,000 after acquiring an additional 127,300 shares during the period. Cetera Investment Advisers bought a new position in shares of Invesco RAFI Emerging Markets ETF in the first quarter worth $283,000. Avantax Advisory Services Inc. grew its position in Invesco RAFI Emerging Markets ETF by 23.8% in the first quarter. Avantax Advisory Services Inc. now owns 83,664 shares of the company’s stock worth $1,819,000 after acquiring an additional 16,075 shares in the last quarter. IFP Advisors Inc grew its position in Invesco RAFI Emerging Markets ETF by 85.6% in the first quarter. IFP Advisors Inc now owns 14,216 shares of the company’s stock worth $309,000 after acquiring an additional 6,555 shares in the last quarter. Finally, Private Advisor Group LLC grew its position in Invesco RAFI Emerging Markets ETF by 19.5% in the first quarter. Private Advisor Group LLC now owns 56,056 shares of the company’s stock worth $1,219,000 after acquiring an additional 9,146 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA:PXH opened at $24.01 on Tuesday. Invesco RAFI Emerging Markets ETF has a 52-week low of $18.44 and a 52-week high of $24.36. The firm has a fifty day moving average of $23.26 and a 200 day moving average of $22.04. The firm has a market capitalization of $1.54 billion, a PE ratio of 10.43 and a beta of 0.73.

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.