Wealth Enhancement Advisory Services LLC Boosts Stock Position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Wealth Enhancement Advisory Services LLC lifted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 13.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 7,263 shares of the exchange traded fund’s stock after purchasing an additional 857 shares during the quarter. Wealth Enhancement Advisory Services LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $255,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of PDN. Sequoia Financial Advisors LLC raised its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 21.5% in the third quarter. Sequoia Financial Advisors LLC now owns 13,804 shares of the exchange traded fund’s stock valued at $485,000 after acquiring an additional 2,439 shares in the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 74.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,715 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 1,158 shares during the last quarter. Creative Planning grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 33.7% in the third quarter. Creative Planning now owns 36,201 shares of the exchange traded fund’s stock valued at $1,272,000 after purchasing an additional 9,133 shares during the last quarter. Asset Dedication LLC purchased a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the second quarter valued at about $681,000. Finally, KWB Wealth grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.8% in the third quarter. KWB Wealth now owns 62,142 shares of the exchange traded fund’s stock valued at $2,008,000 after purchasing an additional 522 shares during the last quarter.

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

Shares of PDN stock opened at $32.89 on Tuesday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a fifty-two week low of $29.15 and a fifty-two week high of $35.49. The firm has a market capitalization of $511.44 million, a price-to-earnings ratio of 11.04 and a beta of 0.87. The stock’s 50-day simple moving average is $34.01 and its 200-day simple moving average is $33.45.

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.