Bank of New York Mellon Corp Has $25.20 Million Holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Bank of New York Mellon Corp cut its stake in shares of Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 1.5% in the 2nd quarter, Holdings Channel reports. The institutional investor owned 1,244,628 shares of the company’s stock after selling 19,230 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco FTSE RAFI Emerging Markets ETF were worth $25,204,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. SigFig Wealth Management LLC increased its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 0.8% during the fourth quarter. SigFig Wealth Management LLC now owns 96,207 shares of the company’s stock worth $1,838,000 after buying an additional 727 shares in the last quarter. Flagstar Advisors Inc. increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 7.7% in the first quarter. Flagstar Advisors Inc. now owns 10,818 shares of the company’s stock valued at $211,000 after purchasing an additional 776 shares during the period. Sequoia Financial Advisors LLC increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 2.2% in the second quarter. Sequoia Financial Advisors LLC now owns 39,765 shares of the company’s stock valued at $805,000 after purchasing an additional 856 shares during the period. Lmcg Investments LLC increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 5.9% in the fourth quarter. Lmcg Investments LLC now owns 17,211 shares of the company’s stock valued at $329,000 after purchasing an additional 958 shares during the period. Finally, Comerica Bank increased its holdings in Invesco FTSE RAFI Emerging Markets ETF by 98.2% in the first quarter. Comerica Bank now owns 2,797 shares of the company’s stock valued at $54,000 after purchasing an additional 1,386 shares during the period.

Invesco FTSE RAFI Emerging Markets ETF Price Performance

NYSEARCA PXH opened at $20.28 on Thursday. The company has a market capitalization of $1.27 billion, a price-to-earnings ratio of 7.54 and a beta of 0.82. Invesco FTSE RAFI Emerging Markets ETF has a twelve month low of $17.12 and a twelve month high of $21.48. The stock has a fifty day simple moving average of $20.37 and a 200 day simple moving average of $20.10.

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.