Evergreen Capital Management LLC Invests $283,000 in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Evergreen Capital Management LLC bought a new stake in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) in the second quarter, HoldingsChannel reports. The fund bought 13,980 shares of the company’s stock, valued at approximately $283,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in PXH. Mercer Global Advisors Inc. ADV increased its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.7% in the second quarter. Mercer Global Advisors Inc. ADV now owns 30,557 shares of the company’s stock valued at $619,000 after acquiring an additional 1,100 shares during the last quarter. Lmcg Investments LLC raised its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 69.2% during the 2nd quarter. Lmcg Investments LLC now owns 28,325 shares of the company’s stock worth $574,000 after purchasing an additional 11,584 shares in the last quarter. Daiwa Securities Group Inc. boosted its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 56.2% in the 2nd quarter. Daiwa Securities Group Inc. now owns 1,195,500 shares of the company’s stock valued at $24,209,000 after buying an additional 430,000 shares during the last quarter. Asset Dedication LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF in the 2nd quarter valued at approximately $176,000. Finally, Private Advisor Group LLC increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 86.2% during the second quarter. Private Advisor Group LLC now owns 123,069 shares of the company’s stock worth $2,492,000 after buying an additional 56,975 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Trading Down 0.4 %

NYSEARCA PXH opened at $22.23 on Friday. The firm’s fifty day moving average price is $20.42 and its two-hundred day moving average price is $20.25. Invesco FTSE RAFI Emerging Markets ETF has a 1 year low of $17.12 and a 1 year high of $22.47. The firm has a market capitalization of $1.39 billion, a P/E ratio of 7.54 and a beta of 0.82.

Invesco FTSE 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.