JPMorgan Chase & Co. Boosts Holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

JPMorgan Chase & Co. increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 141.2% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 15,705 shares of the company’s stock after purchasing an additional 9,194 shares during the period. JPMorgan Chase & Co.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $322,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. LPL Financial LLC raised its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 1.2% during the 4th quarter. LPL Financial LLC now owns 880,390 shares of the company’s stock worth $18,030,000 after acquiring an additional 10,820 shares in the last quarter. HighTower Advisors LLC lifted its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 0.4% during the 4th quarter. HighTower Advisors LLC now owns 553,049 shares of the company’s stock worth $11,326,000 after buying an additional 2,328 shares during the last quarter. Atlas Legacy Advisors LLC acquired a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter valued at $10,282,000. Cidel Asset Management Inc. grew its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 12.6% in the 4th quarter. Cidel Asset Management Inc. now owns 475,838 shares of the company’s stock valued at $9,745,000 after buying an additional 53,098 shares during the last quarter. Finally, Johnson & White Wealth Management LLC grew its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 7.0% in the 4th quarter. Johnson & White Wealth Management LLC now owns 257,240 shares of the company’s stock valued at $5,232,000 after buying an additional 16,720 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

Shares of PXH opened at $21.94 on Friday. The firm has a fifty day moving average price of $21.34 and a 200 day moving average price of $21.15. The stock has a market cap of $1.27 billion, a PE ratio of 9.39 and a beta of 0.60. Invesco FTSE RAFI Emerging Markets ETF has a 1-year low of $18.44 and a 1-year high of $23.27.

About Invesco FTSE RAFI Emerging Markets ETF

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.