Jones Financial Companies Lllp Grows Position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Jones Financial Companies Lllp raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 71.5% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 3,044 shares of the exchange traded fund’s stock after purchasing an additional 1,269 shares during the period. Jones Financial Companies Lllp’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $96,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Jane Street Group LLC grew its stake in shares of 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 valued at $9,080,000 after acquiring an additional 151,585 shares during the period. Bank of Montreal Can increased its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 62.7% in the third quarter. Bank of Montreal Can now owns 62,221 shares of the exchange traded fund’s stock worth $2,186,000 after purchasing an additional 23,971 shares in the last quarter. Studio Investment Management LLC increased its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.5% in the third quarter. Studio Investment Management LLC now owns 33,084 shares of the exchange traded fund’s stock worth $1,163,000 after purchasing an additional 2,015 shares in the last quarter. Opes Wealth Management LLC raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.7% during the 4th quarter. Opes Wealth Management LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $6,445,000 after purchasing an additional 1,392 shares during the period. Finally, 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.

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

Shares of PDN stock opened at $34.35 on Monday. The stock has a fifty day simple moving average of $32.97 and a two-hundred day simple moving average of $33.20. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52-week low of $31.02 and a 52-week high of $35.49. The firm has a market capitalization of $405.33 million, a PE ratio of 13.24 and a beta of 0.93.

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.