Williams & Novak LLC Has $509,000 Position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF $PDN

Williams & Novak LLC lowered its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 8.6% in the second quarter, Holdings Channel reports. The institutional investor owned 13,090 shares of the exchange traded fund’s stock after selling 1,230 shares during the period. Williams & Novak LLC’s holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $509,000 as of its most recent filing with the SEC.

A number of other large investors have also made changes to their positions in the stock. Flow Traders U.S. LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the first quarter valued at about $1,904,000. Royal Bank of Canada increased its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 26.1% in the first quarter. Royal Bank of Canada now owns 45,158 shares of the exchange traded fund’s stock valued at $1,511,000 after acquiring an additional 9,346 shares during the period. Modern Wealth Management LLC bought a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the first quarter valued at about $1,506,000. Jones Financial Companies Lllp increased its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 1,002.2% in the first quarter. Jones Financial Companies Lllp now owns 33,552 shares of the exchange traded fund’s stock valued at $1,123,000 after acquiring an additional 30,508 shares during the period. Finally, Jane Street Group LLC increased its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 72.4% in the first quarter. Jane Street Group LLC now owns 31,691 shares of the exchange traded fund’s stock valued at $1,061,000 after acquiring an additional 13,305 shares during the period.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Down 2.1%

NYSEARCA PDN opened at $40.07 on Friday. The stock has a market cap of $354.62 million, a P/E ratio of 14.57 and a beta of 0.92. The company’s 50-day simple moving average is $40.75 and its 200 day simple moving average is $37.96. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a twelve month low of $29.43 and a twelve month high of $41.91.

About Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

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.