Daiwa Securities Group Inc. Has $30.21 Million Stake in Invesco RAFI Emerging Markets ETF $PXH

Daiwa Securities Group Inc. decreased its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 12.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 1,170,500 shares of the company’s stock after selling 165,000 shares during the period. Daiwa Securities Group Inc.’s holdings in Invesco RAFI Emerging Markets ETF were worth $30,211,000 at the end of the most recent reporting period.

Several other institutional investors have also bought and sold shares of PXH. Ameriprise Financial Inc. boosted its stake in Invesco RAFI Emerging Markets ETF by 9.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,576,427 shares of the company’s stock valued at $65,478,000 after buying an additional 226,381 shares in the last quarter. Jane Street Group LLC acquired a new stake in Invesco RAFI Emerging Markets ETF in the 1st quarter valued at $4,740,000. Marshall Wace LLP boosted its stake in Invesco RAFI Emerging Markets ETF by 1,107.8% in the 2nd quarter. Marshall Wace LLP now owns 225,495 shares of the company’s stock valued at $5,274,000 after buying an additional 206,825 shares in the last quarter. Axxcess Wealth Management LLC acquired a new stake in Invesco RAFI Emerging Markets ETF in the 4th quarter valued at $4,991,000. Finally, Northwestern Mutual Wealth Management Co. boosted its stake in Invesco RAFI Emerging Markets ETF by 478.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 221,692 shares of the company’s stock valued at $5,722,000 after buying an additional 183,345 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Price Performance

Shares of PXH stock opened at $28.33 on Friday. The stock’s fifty day simple moving average is $28.35 and its 200 day simple moving average is $27.36. Invesco RAFI Emerging Markets ETF has a one year low of $22.62 and a one year high of $30.11. The firm has a market cap of $1.94 billion, a price-to-earnings ratio of 10.43 and a beta of 0.55.

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.