PNC Financial Services Group Inc. Purchases 1,819 Shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

PNC Financial Services Group Inc. grew its holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 42.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 6,058 shares of the company’s stock after acquiring an additional 1,819 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $124,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in PXH. Freestone Capital Holdings LLC acquired a new stake in Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter valued at about $243,000. Raymond James Financial Inc. acquired a new position in shares of Invesco FTSE RAFI Emerging Markets ETF during the 4th quarter worth approximately $4,536,000. Jones Financial Companies Lllp grew its position in 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 worth $87,000 after buying an additional 2,098 shares in the last quarter. Flagstar Advisors Inc. grew its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 4.8% during the 4th quarter. Flagstar Advisors Inc. now owns 14,681 shares of the company’s stock worth $301,000 after purchasing an additional 672 shares in the last quarter. Finally, Atlas Legacy Advisors LLC bought a new position in Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter valued at approximately $10,282,000.

Invesco FTSE RAFI Emerging Markets ETF Trading Down 0.4 %

Shares of NYSEARCA PXH opened at $22.13 on Tuesday. The stock has a 50-day moving average price of $21.51 and a two-hundred day moving average price of $21.26. The company has a market cap of $1.28 billion, a price-to-earnings ratio of 10.19 and a beta of 0.74. Invesco FTSE RAFI Emerging Markets ETF has a 12 month low of $18.44 and a 12 month high of $23.27.

Invesco FTSE RAFI Emerging Markets ETF Cuts Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be paid a $0.1191 dividend. The ex-dividend date of this dividend is Monday, March 24th.

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.