Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Stock Price Crosses Above 200-Day Moving Average – Here’s What Happened

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) passed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $33.15 and traded as high as $33.94. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF shares last traded at $33.76, with a volume of 27,091 shares changing hands.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Up 0.1 %

The firm has a market cap of $524.97 million, a PE ratio of 11.04 and a beta of 0.87. The firm’s 50 day moving average is $32.32 and its 200-day moving average is $33.15.

Hedge Funds Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF

Institutional investors and hedge funds have recently bought and sold shares of the stock. Bessemer Group Inc. acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter worth $46,000. US Bancorp DE acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter valued at $48,000. Aptus Capital Advisors LLC grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,951 shares of the exchange traded fund’s stock valued at $69,000 after purchasing an additional 317 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 71.5% during the 4th quarter. Jones Financial Companies Lllp now owns 3,044 shares of the exchange traded fund’s stock valued at $96,000 after purchasing an additional 1,269 shares in the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at $237,000.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Company Profile

The Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (PDN) is an exchange-traded fund that is based on the FTSE RAFI Developed x US Mid\u002FSmall index. The fund tracks a fundamentally-weighted index of small- and mid-cap stocks from developed countries outside the US that are screened based on fundamental metrics.