Aries Wealth Management Sells 2,180 Shares of Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH)

Aries Wealth Management lessened its holdings in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.0% during the first quarter, HoldingsChannel.com reports. The fund owned 208,664 shares of the company’s stock after selling 2,180 shares during the period. Invesco RAFI Emerging Markets ETF makes up about 1.2% of Aries Wealth Management’s holdings, making the stock its 22nd biggest holding. Aries Wealth Management’s holdings in Invesco RAFI Emerging Markets ETF were worth $4,536,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Jones Financial Companies Lllp grew its holdings in shares of Invesco 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 worth $87,000 after purchasing an additional 2,098 shares during the last quarter. CoreCap Advisors LLC grew its holdings in shares of Invesco RAFI Emerging Markets ETF by 41.7% during the fourth quarter. CoreCap Advisors LLC now owns 4,409 shares of the company’s stock worth $90,000 after purchasing an additional 1,297 shares during the last quarter. Johnson Financial Group Inc. bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter worth about $112,000. PNC Financial Services Group Inc. grew its holdings in shares of Invesco 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 worth $124,000 after purchasing an additional 1,819 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new stake in shares of Invesco RAFI Emerging Markets ETF during the fourth quarter worth about $210,000.

Invesco RAFI Emerging Markets ETF Trading Down 1.3%

NYSEARCA:PXH opened at $23.09 on Friday. The stock has a market cap of $1.40 billion, a P/E ratio of 9.66 and a beta of 0.61. The stock’s 50-day moving average is $21.85 and its 200-day moving average is $21.42. Invesco RAFI Emerging Markets ETF has a 1-year low of $18.44 and a 1-year high of $23.41.

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.