Klingman & Associates LLC reduced its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN – Free Report) by 2.4% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 23,721 shares of the exchange traded fund’s stock after selling 584 shares during the period. Klingman & Associates LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $834,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other institutional investors have also recently made changes to their positions in the company. Beckerman Institutional LLC purchased a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the third quarter worth about $667,000. Droms Strauss Advisors Inc. MO ADV boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.0% in the 3rd quarter. Droms Strauss Advisors Inc. MO ADV now owns 113,223 shares of the exchange traded fund’s stock valued at $3,980,000 after purchasing an additional 1,175 shares during the period. US Bancorp DE purchased a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter valued at $48,000. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,263 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 857 shares during the period. Finally, Sequoia Financial Advisors LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 21.5% during the third quarter. Sequoia Financial Advisors LLC now owns 13,804 shares of the exchange traded fund’s stock valued at $485,000 after buying an additional 2,439 shares during the period.
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Down 1.4 %
Shares of NYSEARCA PDN opened at $32.92 on Friday. The business has a 50-day moving average of $34.04 and a 200-day moving average of $33.42. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12 month low of $29.08 and a 12 month high of $35.49. The firm has a market capitalization of $511.91 million, a price-to-earnings ratio of 11.04 and a beta of 0.87.
Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF 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.
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