Orion Portfolio Solutions LLC Has $5 Million Holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH)

Orion Portfolio Solutions LLC decreased its holdings in Invesco FTSE RAFI Emerging Markets ETF (NYSEARCA:PXH) by 8.0% during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 244,323 shares of the company’s stock after selling 21,183 shares during the period. Orion Portfolio Solutions LLC owned about 0.39% of Invesco FTSE RAFI Emerging Markets ETF worth $5,004,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. JPMorgan Chase & Co. lifted its holdings in Invesco FTSE RAFI Emerging Markets ETF by 141.2% during the 4th quarter. JPMorgan Chase & Co. now owns 15,705 shares of the company’s stock valued at $322,000 after purchasing an additional 9,194 shares during the last quarter. LPL Financial LLC raised its position in shares of Invesco FTSE RAFI Emerging Markets ETF by 1.2% in the fourth quarter. LPL Financial LLC now owns 880,390 shares of the company’s stock valued at $18,030,000 after purchasing an additional 10,820 shares during the period. SigFig Wealth Management LLC lifted its stake in shares of Invesco FTSE RAFI Emerging Markets ETF by 7.1% during the 4th quarter. SigFig Wealth Management LLC now owns 101,446 shares of the company’s stock worth $2,081,000 after buying an additional 6,709 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in shares of Invesco FTSE RAFI Emerging Markets ETF by 3.3% during the 4th quarter. Corient Private Wealth LLC now owns 21,893 shares of the company’s stock worth $448,000 after buying an additional 695 shares during the period. Finally, Commonwealth Equity Services LLC acquired a new position in Invesco FTSE RAFI Emerging Markets ETF in the 4th quarter valued at about $268,000.

Invesco FTSE RAFI Emerging Markets ETF Stock Down 2.3 %

Shares of PXH stock opened at $21.70 on Friday. Invesco FTSE RAFI Emerging Markets ETF has a 12-month low of $18.44 and a 12-month high of $23.27. The company has a market capitalization of $1.26 billion, a PE ratio of 10.34 and a beta of 0.74. The firm has a 50 day moving average price of $21.65 and a two-hundred day moving average price of $21.31.

Invesco FTSE RAFI Emerging Markets ETF Cuts Dividend

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