Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) Short Interest Down 44.6% in August

Invesco RAFI Emerging Markets ETF (NYSEARCA:PXH) was the recipient of a large decline in short interest in the month of August. As of August 14th, there was short interest totaling 1,000,037 shares, a decline of 44.6% from the July 30th total of 1,806,604 shares. Approximately 1.5% of the company’s shares are sold short. Based on an average daily trading volume, of 148,734 shares, the days-to-cover ratio is presently 6.7 days.

Hedge Funds Weigh In On Invesco RAFI Emerging Markets ETF

Several large investors have recently modified their holdings of PXH. LPL Financial LLC lifted its holdings in shares of Invesco RAFI Emerging Markets ETF by 88.6% in the 4th quarter. LPL Financial LLC now owns 1,894,726 shares of the company’s stock worth $48,903,000 after acquiring an additional 890,135 shares during the last quarter. Wells Fargo & Company MN boosted its position in shares of Invesco RAFI Emerging Markets ETF by 22.5% during the 4th quarter. Wells Fargo & Company MN now owns 2,326,588 shares of the company’s stock worth $60,049,000 after purchasing an additional 428,086 shares during the period. Daiwa Securities Group Inc. increased its holdings in Invesco RAFI Emerging Markets ETF by 42.8% in the 3rd quarter. Daiwa Securities Group Inc. now owns 1,335,500 shares of the company’s stock valued at $33,948,000 after purchasing an additional 400,000 shares during the last quarter. Ameriprise Financial Inc. increased its holdings in Invesco RAFI Emerging Markets ETF by 9.6% in the 3rd quarter. Ameriprise Financial Inc. now owns 2,576,427 shares of the company’s stock valued at $65,478,000 after purchasing an additional 226,381 shares during the last quarter. Finally, Jane Street Group LLC purchased a new stake in Invesco RAFI Emerging Markets ETF in the first quarter valued at approximately $4,740,000.

Invesco RAFI Emerging Markets ETF Trading Down 0.1%

Invesco RAFI Emerging Markets ETF stock traded down $0.03 during mid-day trading on Friday, hitting $29.51. The company’s stock had a trading volume of 125,712 shares, compared to its average volume of 286,465. The firm has a market capitalization of $1.98 billion, a PE ratio of 10.43 and a beta of 0.56. Invesco RAFI Emerging Markets ETF has a 1 year low of $24.15 and a 1 year high of $30.11. The stock’s fifty day moving average is $28.59 and its two-hundred day moving average is $28.29.

Invesco 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.