HighTower Advisors LLC Has $12.53 Million Stock Position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH)

HighTower Advisors LLC grew its position in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 4.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 576,365 shares of the company’s stock after buying an additional 23,316 shares during the quarter. HighTower Advisors LLC owned approximately 0.98% of Invesco RAFI Emerging Markets ETF worth $12,530,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Invesco Ltd. boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 68.6% in the first quarter. Invesco Ltd. now owns 1,221,951 shares of the company’s stock worth $26,565,000 after buying an additional 497,392 shares during the period. NorthRock Partners LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the first quarter worth about $45,000. Maridea Wealth Management LLC acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the first quarter worth about $225,000. LPL Financial LLC boosted its holdings in shares of Invesco RAFI Emerging Markets ETF by 14.5% in the first quarter. LPL Financial LLC now owns 1,007,690 shares of the company’s stock worth $21,907,000 after buying an additional 127,300 shares during the period. Finally, Cetera Investment Advisers acquired a new position in shares of Invesco RAFI Emerging Markets ETF in the first quarter worth about $283,000.

Invesco RAFI Emerging Markets ETF Price Performance

Shares of PXH opened at $24.34 on Friday. The stock has a market cap of $1.56 billion, a price-to-earnings ratio of 10.43 and a beta of 0.73. The company has a 50-day moving average of $23.67 and a two-hundred day moving average of $22.37. Invesco RAFI Emerging Markets ETF has a one year low of $18.62 and a one year high of $24.68.

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.