Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) Shares Purchased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC raised its stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 4,084.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 169,611 shares of the company’s stock after purchasing an additional 165,558 shares during the period. CIBC Private Wealth Group LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $3,437,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. PNC Financial Services Group Inc. grew its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 42.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,058 shares of the company’s stock worth $124,000 after purchasing an additional 1,819 shares in the last quarter. BNP Paribas Financial Markets purchased a new stake in Invesco FTSE RAFI Emerging Markets ETF during the 3rd quarter worth about $27,000. Atria Wealth Solutions Inc. acquired a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the 4th quarter worth about $218,000. MML Investors Services LLC boosted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 16.1% during the 3rd quarter. MML Investors Services LLC now owns 14,724 shares of the company’s stock worth $323,000 after acquiring an additional 2,046 shares in the last quarter. Finally, JPMorgan Chase & Co. increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 31.6% in the 3rd quarter. JPMorgan Chase & Co. now owns 6,511 shares of the company’s stock valued at $143,000 after acquiring an additional 1,564 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Stock Down 0.1 %

PXH stock opened at $21.78 on Thursday. The business has a 50 day moving average price of $21.73 and a 200 day moving average price of $21.34. The stock has a market cap of $1.26 billion, a price-to-earnings ratio of 10.34 and a beta of 0.74. Invesco FTSE RAFI Emerging Markets ETF has a fifty-two week low of $18.44 and a fifty-two week high of $23.27.

Invesco FTSE RAFI Emerging Markets ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were given a dividend of $0.1191 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.