Apollon Wealth Management LLC Increases Stock Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Apollon Wealth Management LLC grew its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 12.9% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 24,051 shares of the company’s stock after buying an additional 2,750 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $528,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the business. Farther Finance Advisors LLC increased its position in Invesco FTSE RAFI Emerging Markets ETF by 7,542.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,605 shares of the company’s stock valued at $35,000 after buying an additional 1,584 shares in the last quarter. Massmutual Trust Co. FSB ADV purchased a new position in shares of Invesco FTSE RAFI Emerging Markets ETF in the 3rd quarter worth about $44,000. Comerica Bank boosted its stake in Invesco FTSE RAFI Emerging Markets ETF by 98.2% in the 1st quarter. Comerica Bank now owns 2,797 shares of the company’s stock worth $54,000 after purchasing an additional 1,386 shares in the last quarter. Asset Dedication LLC purchased a new stake in Invesco FTSE RAFI Emerging Markets ETF during the 2nd quarter valued at about $176,000. Finally, Austin Wealth Management LLC bought a new stake in Invesco FTSE RAFI Emerging Markets ETF during the 1st quarter valued at about $210,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Performance

Shares of NYSEARCA PXH opened at $20.69 on Friday. The firm’s 50 day moving average price is $21.48 and its 200-day moving average price is $20.83. Invesco FTSE RAFI Emerging Markets ETF has a 52-week low of $17.95 and a 52-week high of $23.27. The company has a market cap of $1.29 billion, a PE ratio of 7.54 and a beta of 0.82.

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.