PXH Stock Summary and Trading Ideas (Invesco FTSE Rafi Emerging Markets ETF | ARCA:PXH)

The Invesco FTSE RAFI Emerging Markets ETF (Fund) is based on the FTSE RAFI Emerging Markets Index (Index). The Fund will normally invest at least 90% of its total assets in securities that comprise the Index and American Depository Receipts (ADRs) based on the securities in the Index. The Index is designed to track the performance of the largest emerging market equities, selected based on the following four fundamental measures of firm size: book value, cash flow, sales and dividends. The equities with the highest fundamental strength are weighted according to their fundamental scores. The Index is computed using the net return, which withholds applicable taxes for non-resident investors. The Fund and the Index are reconstituted annually.

Invesco FTSE Rafi Emerging Markets ETF trades on the ARCA stock market under the symbol PXH.

As of December 13, 2024, PXH stock price declined to $21.12 with 270,252 million shares trading.

PXH has a beta of 0.65, meaning it tends to be less sensitive to market movements. PXH has a correlation of 0.24 to the broad based SPY ETF.

PXH has a market cap of $1.22 billion. This is considered a Small Cap stock.

In the last 3 years, PXH traded as high as $23.63 and as low as $15.65.

PXH has underperformed the market in the last year with a return of +18.8%, while the SPY ETF gained +29.9%. In the last 3 month period, PXH fell short of the market, returning +5.5%, while SPY returned +7.8%. However, in the most recent 2 weeks PXH has outperformed the stock market by returning +1.6%, while SPY returned +0.3%.

PXH support price is $21.02 and resistance is $21.40 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PXH shares will trade within this expected range on the day.