US Bancorp DE Buys Shares of 1,371 Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

US Bancorp DE purchased a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 1,371 shares of the exchange traded fund’s stock, valued at approximately $48,000.

Other hedge funds have also made changes to their positions in the company. Aptus Capital Advisors LLC acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 2nd quarter worth about $53,000. CWM LLC lifted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.3% in the second quarter. CWM LLC now owns 2,344 shares of the exchange traded fund’s stock valued at $76,000 after buying an additional 380 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 74.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,715 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 1,158 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% during the 3rd 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 in the last quarter. Finally, CoreCap Advisors LLC bought a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the second quarter worth $337,000.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Down 0.0 %

NYSEARCA:PDN opened at $32.09 on Monday. The firm has a market capitalization of $499.00 million, a PE ratio of 11.04 and a beta of 0.87. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12-month low of $29.89 and a 12-month high of $35.49. The firm has a 50-day moving average price of $33.87 and a 200 day moving average price of $33.45.

About Invesco FTSE 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.