Bank of America Corp DE Lowers Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Bank of America Corp DE cut its stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.2% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,225,113 shares of the company’s stock after selling 26,286 shares during the period. Bank of America Corp DE owned 3.56% of Invesco FTSE RAFI Emerging Markets ETF worth $45,570,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Jones Financial Companies Lllp increased its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 98.6% during the fourth quarter. Jones Financial Companies Lllp now owns 4,226 shares of the company’s stock valued at $87,000 after purchasing an additional 2,098 shares in the last quarter. Johnson Financial Group Inc. bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the fourth quarter valued at approximately $112,000. PNC Financial Services Group Inc. increased its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 42.9% during the fourth quarter. PNC Financial Services Group Inc. now owns 6,058 shares of the company’s stock valued at $124,000 after purchasing an additional 1,819 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 31.6% during the third quarter. JPMorgan Chase & Co. now owns 6,511 shares of the company’s stock valued at $143,000 after purchasing an additional 1,564 shares in the last quarter. Finally, Atria Wealth Solutions Inc. bought a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the fourth quarter valued at approximately $218,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA PXH opened at $22.79 on Thursday. Invesco FTSE RAFI Emerging Markets ETF has a fifty-two week low of $18.44 and a fifty-two week high of $23.27. The company has a 50 day simple moving average of $21.39 and a two-hundred day simple moving average of $21.18. The company has a market capitalization of $1.34 billion, a price-to-earnings ratio of 9.66 and a beta of 0.61.

Invesco FTSE 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.