Trademark Financial Management LLC Trims Stock Holdings in Invesco RAFI Emerging Markets ETF $PXH

Trademark Financial Management LLC decreased its position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 42.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 26,376 shares of the company’s stock after selling 19,217 shares during the quarter. Trademark Financial Management LLC’s holdings in Invesco RAFI Emerging Markets ETF were worth $710,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Brighton Jones LLC grew its position in shares of 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 worth $244,000 after buying an additional 1,608 shares during the period. Revolve Wealth Partners LLC purchased a new position in Invesco RAFI Emerging Markets ETF during the 4th quarter valued at about $358,000. Royal Bank of Canada boosted its stake in Invesco RAFI Emerging Markets ETF by 38.5% during the first quarter. Royal Bank of Canada now owns 385,081 shares of the company’s stock worth $8,372,000 after acquiring an additional 107,132 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Invesco RAFI Emerging Markets ETF by 2.8% during the first quarter. NewEdge Advisors LLC now owns 50,475 shares of the company’s stock worth $1,097,000 after acquiring an additional 1,371 shares in the last quarter. Finally, Jane Street Group LLC purchased a new stake in Invesco RAFI Emerging Markets ETF in the first quarter worth about $4,740,000.

Invesco RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA PXH opened at $27.67 on Friday. The company has a 50 day simple moving average of $28.71 and a two-hundred day simple moving average of $27.71. Invesco RAFI Emerging Markets ETF has a fifty-two week low of $23.39 and a fifty-two week high of $30.11. The company has a market capitalization of $1.85 billion, a price-to-earnings ratio of 10.43 and a beta of 0.56.

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.