Envestnet Asset Management Inc. Increases Stock Position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Envestnet Asset Management Inc. increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 2.5% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 17,416 shares of the exchange traded fund’s stock after purchasing an additional 418 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.11% of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF worth $551,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in PDN. Opes Wealth Management LLC increased its stake 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 worth $6,445,000 after purchasing an additional 1,392 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.9% in the fourth quarter. Droms Strauss Advisors Inc. MO ADV now owns 114,232 shares of the exchange traded fund’s stock worth $3,612,000 after buying an additional 1,009 shares during the last quarter. KWB Wealth raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.3% in the fourth quarter. KWB Wealth now owns 62,980 shares of the exchange traded fund’s stock valued at $1,991,000 after buying an additional 838 shares during the period. Wade Financial Advisory Inc lifted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.7% during the 4th 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, Commonwealth Equity Services LLC grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 32,253 shares of the exchange traded fund’s stock worth $1,020,000 after acquiring an additional 1,083 shares during the period.

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

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF stock opened at $35.49 on Friday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52-week low of $29.43 and a 52-week high of $35.61. The stock’s 50-day simple moving average is $33.70 and its 200 day simple moving average is $33.02. The stock has a market capitalization of $418.78 million, a P/E ratio of 12.74 and a beta of 0.84.

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.