Raymond James Financial Inc. Makes New Investment in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Raymond James Financial Inc. bought a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund bought 221,482 shares of the company’s stock, valued at approximately $4,536,000.

A number of other large investors also recently made changes to their positions in PXH. BNP Paribas Financial Markets acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the third quarter worth approximately $27,000. Larson Financial Group LLC boosted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 286.7% during the 3rd quarter. Larson Financial Group LLC now owns 2,695 shares of the company’s stock valued at $59,000 after buying an additional 1,998 shares during the period. Jones Financial Companies Lllp grew its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 98.6% during the 4th quarter. Jones Financial Companies Lllp now owns 4,226 shares of the company’s stock valued at $87,000 after acquiring an additional 2,098 shares in the last quarter. JPMorgan Chase & Co. increased its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 31.6% in the third quarter. JPMorgan Chase & Co. now owns 6,511 shares of the company’s stock worth $143,000 after acquiring an additional 1,564 shares during the last quarter. Finally, Atria Wealth Solutions Inc. acquired a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the fourth quarter worth $218,000.

Invesco FTSE RAFI Emerging Markets ETF Trading Down 0.0 %

PXH opened at $22.12 on Wednesday. The stock has a fifty day moving average price of $21.55 and a 200 day moving average price of $21.28. Invesco FTSE RAFI Emerging Markets ETF has a 1 year low of $18.44 and a 1 year high of $23.27. The stock 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 Cuts Dividend

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

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.