Wealthfront Advisers LLC Trims Stock Holdings in Invesco RAFI Emerging Markets ETF $PXH

Wealthfront Advisers LLC trimmed its holdings in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 19.9% in the second quarter, Holdings Channel reports. The institutional investor owned 23,679 shares of the company’s stock after selling 5,880 shares during the quarter. Wealthfront Advisers LLC’s holdings in Invesco RAFI Emerging Markets ETF were worth $554,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of PXH. Brighton Jones LLC grew its stake in Invesco RAFI Emerging Markets ETF by 15.6% in the 4th quarter. Brighton Jones LLC now owns 11,893 shares of the company’s stock valued at $244,000 after buying an additional 1,608 shares in the last quarter. Revolve Wealth Partners LLC purchased a new position in shares of Invesco RAFI Emerging Markets ETF during the 4th quarter valued at $358,000. Cambridge Investment Research Advisors Inc. grew its position in shares of Invesco RAFI Emerging Markets ETF by 7.6% during the 1st quarter. Cambridge Investment Research Advisors Inc. now owns 16,288 shares of the company’s stock valued at $354,000 after purchasing an additional 1,156 shares in the last quarter. Golden State Wealth Management LLC grew its position in shares of Invesco RAFI Emerging Markets ETF by 510,700.0% during the 1st quarter. Golden State Wealth Management LLC now owns 5,108 shares of the company’s stock valued at $111,000 after purchasing an additional 5,107 shares in the last quarter. Finally, DAVENPORT & Co LLC grew its position in shares of Invesco RAFI Emerging Markets ETF by 3.5% during the 1st quarter. DAVENPORT & Co LLC now owns 30,390 shares of the company’s stock valued at $661,000 after purchasing an additional 1,016 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Stock Performance

NYSEARCA PXH opened at $25.87 on Friday. Invesco RAFI Emerging Markets ETF has a 52-week low of $18.62 and a 52-week high of $26.45. The company has a market capitalization of $1.67 billion, a P/E ratio of 10.43 and a beta of 0.60. The company has a fifty day moving average of $25.28 and a 200-day moving average of $23.81.

Invesco 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.