One Plus One Wealth Management LLC Cuts Holdings in Invesco RAFI Emerging Markets ETF $PXH

One Plus One Wealth Management LLC lowered its stake in Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) by 27.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 133,198 shares of the company’s stock after selling 49,324 shares during the period. Invesco RAFI Emerging Markets ETF comprises 1.6% of One Plus One Wealth Management LLC’s investment portfolio, making the stock its 19th biggest position. One Plus One Wealth Management LLC’s holdings in Invesco RAFI Emerging Markets ETF were worth $3,438,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also made changes to their positions in PXH. Blue Trust Inc. acquired a new position in shares of Invesco RAFI Emerging Markets ETF during the third quarter worth about $32,000. Advisory Services Network LLC acquired a new stake in Invesco RAFI Emerging Markets ETF in the third quarter valued at approximately $36,000. Assetmark Inc. lifted its stake in Invesco RAFI Emerging Markets ETF by 664.0% in the third quarter. Assetmark Inc. now owns 1,551 shares of the company’s stock worth $39,000 after acquiring an additional 1,348 shares during the last quarter. Geneos Wealth Management Inc. purchased a new position in Invesco RAFI Emerging Markets ETF in the first quarter worth approximately $37,000. Finally, Farther Finance Advisors LLC grew its holdings in Invesco RAFI Emerging Markets ETF by 257.1% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,800 shares of the company’s stock worth $46,000 after acquiring an additional 1,296 shares in the last quarter.

Invesco RAFI Emerging Markets ETF Trading Up 0.3%

Shares of NYSEARCA:PXH opened at $26.16 on Tuesday. Invesco RAFI Emerging Markets ETF has a 52 week low of $18.62 and a 52 week high of $28.98. The company’s 50 day moving average is $27.50 and its two-hundred day moving average is $26.43. The company has a market cap of $1.80 billion, a PE ratio of 10.43 and a beta of 0.60.

Invesco 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.