First Horizon Advisors Inc. Makes New Investment in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

First Horizon Advisors Inc. acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) during the 4th quarter, Holdings Channel reports. The fund acquired 983 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Williams & Novak LLC acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $691,000. Cutler Investment Counsel LLC lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.6% during the 4th quarter. Cutler Investment Counsel LLC now owns 292,524 shares of the exchange traded fund’s stock worth $9,501,000 after acquiring an additional 12,741 shares during the period. Sequoia Financial Advisors LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter worth approximately $378,000. Private Ocean LLC purchased a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter valued at approximately $147,000. Finally, HighTower Advisors LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.5% during the third quarter. HighTower Advisors LLC now owns 180,991 shares of the exchange traded fund’s stock worth $5,346,000 after purchasing an additional 2,702 shares during the last quarter.

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

Shares of PDN opened at $32.95 on Thursday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a fifty-two week low of $27.67 and a fifty-two week high of $33.14. The company’s fifty day moving average is $32.46 and its two-hundred day moving average is $31.51. The firm has a market cap of $512.30 million, a PE ratio of 10.53 and a beta of 0.85.

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.