LPL Financial LLC Cuts Stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

LPL Financial LLC cut its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 10.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 15,239 shares of the exchange traded fund’s stock after selling 1,739 shares during the period. LPL Financial LLC owned approximately 0.10% of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF worth $482,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of PDN. Jones Financial Companies Lllp raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 71.5% during the 4th quarter. Jones Financial Companies Lllp now owns 3,044 shares of the exchange traded fund’s stock worth $96,000 after purchasing an additional 1,269 shares during the period. Raymond James Financial Inc. acquired a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the fourth quarter worth $237,000. Commonwealth Equity Services LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.5% in the fourth quarter. Commonwealth Equity Services LLC now owns 32,253 shares of the exchange traded fund’s stock worth $1,020,000 after buying an additional 1,083 shares during the period. Wade Financial Advisory Inc lifted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.7% in the fourth quarter. Wade Financial Advisory Inc now owns 47,713 shares of the exchange traded fund’s stock valued at $1,509,000 after buying an additional 785 shares during the last quarter. Finally, KWB Wealth boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.3% during the fourth quarter. KWB Wealth now owns 62,980 shares of the exchange traded fund’s stock valued at $1,991,000 after acquiring an additional 838 shares during the period.

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

Shares of NYSEARCA PDN opened at $34.76 on Friday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12-month low of $29.43 and a 12-month high of $35.49. The company has a market cap of $410.17 million, a PE ratio of 12.74 and a beta of 0.84. The stock has a 50 day simple moving average of $33.55 and a 200-day simple moving average of $32.99.

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.