Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH – Get Free Report) was the recipient of a large increase in short interest in June. As of June 30th, there was short interest totaling 1,299,852 shares, an increase of 14,803.1% from the June 15th total of 8,722 shares. Approximately 1.9% of the company’s stock are sold short. Based on an average trading volume of 285,638 shares, the short-interest ratio is currently 4.6 days.
Invesco RAFI Emerging Markets ETF Trading Up 1.2%
NYSEARCA PXH traded up $0.33 during trading on Friday, reaching $28.50. 206,591 shares of the company’s stock were exchanged, compared to its average volume of 320,666. Invesco RAFI Emerging Markets ETF has a fifty-two week low of $23.40 and a fifty-two week high of $30.11. The company’s fifty day simple moving average is $28.66 and its 200-day simple moving average is $27.79. The firm has a market capitalization of $1.91 billion, a PE ratio of 10.43 and a beta of 0.56.
Institutional Trading of Invesco RAFI Emerging Markets ETF
Several institutional investors have recently made changes to their positions in PXH. LPL Financial LLC raised its holdings in shares of Invesco RAFI Emerging Markets ETF by 88.6% during the fourth quarter. LPL Financial LLC now owns 1,894,726 shares of the company’s stock worth $48,903,000 after acquiring an additional 890,135 shares in the last quarter. Wells Fargo & Company MN grew its stake in Invesco RAFI Emerging Markets ETF by 22.5% in the fourth quarter. Wells Fargo & Company MN now owns 2,326,588 shares of the company’s stock valued at $60,049,000 after purchasing an additional 428,086 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in Invesco RAFI Emerging Markets ETF by 42.8% in the third quarter. Daiwa Securities Group Inc. now owns 1,335,500 shares of the company’s stock valued at $33,948,000 after purchasing an additional 400,000 shares in the last quarter. Ameriprise Financial Inc. grew its stake in Invesco RAFI Emerging Markets ETF by 9.6% in the third quarter. Ameriprise Financial Inc. now owns 2,576,427 shares of the company’s stock valued at $65,478,000 after purchasing an additional 226,381 shares in the last quarter. Finally, Jane Street Group LLC acquired a new position in Invesco RAFI Emerging Markets ETF in the 1st quarter worth about $4,740,000.
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.
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