HighTower Advisors LLC Cuts Position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

HighTower Advisors LLC lowered its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 0.5% in the fourth quarter, Holdings Channel reports. The firm owned 190,594 shares of the exchange traded fund’s stock after selling 1,049 shares during the period. HighTower Advisors LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $6,027,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of PDN. Studio Investment Management LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.5% during the third quarter. Studio Investment Management LLC now owns 33,084 shares of the exchange traded fund’s stock worth $1,163,000 after buying an additional 2,015 shares during the period. Bank of Montreal Can lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 62.7% during the 3rd quarter. Bank of Montreal Can now owns 62,221 shares of the exchange traded fund’s stock valued at $2,186,000 after acquiring an additional 23,971 shares in the last quarter. FMR LLC lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 18.6% during the 3rd quarter. FMR LLC now owns 7,315 shares of the exchange traded fund’s stock valued at $257,000 after acquiring an additional 1,147 shares in the last quarter. Jane Street Group LLC boosted its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 142.0% during the 3rd quarter. Jane Street Group LLC now owns 258,327 shares of the exchange traded fund’s stock worth $9,080,000 after purchasing an additional 151,585 shares during the period. Finally, KWB Wealth increased its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.3% in the 4th quarter. KWB Wealth now owns 62,980 shares of the exchange traded fund’s stock valued at $1,991,000 after purchasing an additional 838 shares in the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Price Performance

Shares of PDN opened at $34.76 on Wednesday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12 month low of $31.02 and a 12 month high of $35.49. The stock’s 50-day moving average is $33.08 and its two-hundred day moving average is $33.20. The stock has a market cap of $410.17 million, a PE ratio of 13.24 and a beta of 0.93.

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.