Charles Schwab Investment Management Inc. Has $492.58 Million Stock Position in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Charles Schwab Investment Management Inc. lessened its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 2.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 24,051,891 shares of the company’s stock after selling 528,485 shares during the period. Charles Schwab Investment Management Inc. owned 38.51% of Invesco FTSE RAFI Emerging Markets ETF worth $492,583,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. FMR LLC increased its position in Invesco FTSE RAFI Emerging Markets ETF by 6.5% during the 3rd quarter. FMR LLC now owns 1,923,698 shares of the company’s stock valued at $42,225,000 after purchasing an additional 117,740 shares during the period. Daiwa Securities Group Inc. boosted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 8.4% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,295,500 shares of the company’s stock valued at $28,436,000 after purchasing an additional 100,000 shares during the last quarter. HighTower Advisors LLC increased its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 5.4% during the third quarter. HighTower Advisors LLC now owns 550,721 shares of the company’s stock worth $12,088,000 after buying an additional 28,041 shares during the period. Atlas Legacy Advisors LLC acquired a new stake in shares of Invesco FTSE RAFI Emerging Markets ETF during the fourth quarter worth $10,282,000. Finally, Cidel Asset Management Inc. raised its stake in Invesco FTSE RAFI Emerging Markets ETF by 12.6% during the fourth quarter. Cidel Asset Management Inc. now owns 475,838 shares of the company’s stock worth $9,745,000 after buying an additional 53,098 shares during the last quarter.

Invesco FTSE RAFI Emerging Markets ETF Trading Up 0.9 %

Shares of PXH opened at $21.50 on Wednesday. The firm’s fifty day simple moving average is $20.98 and its two-hundred day simple moving average is $21.10. Invesco FTSE RAFI Emerging Markets ETF has a 12 month low of $18.44 and a 12 month high of $23.27. The stock has a market capitalization of $1.25 billion, a P/E ratio of 9.79 and a beta of 0.74.

About Invesco FTSE RAFI Emerging Markets ETF

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.