Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Shares Bought by Bank of America Corp DE

Bank of America Corp DE raised its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 39.4% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,092 shares of the exchange traded fund’s stock after buying an additional 4,827 shares during the quarter. Bank of America Corp DE owned 0.11% of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF worth $540,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of PDN. Bessemer Group Inc. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter valued at about $46,000. Jones Financial Companies Lllp lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 71.5% during the fourth quarter. Jones Financial Companies Lllp now owns 3,044 shares of the exchange traded fund’s stock valued at $96,000 after buying an additional 1,269 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter valued at about $237,000. Envestnet Asset Management Inc. lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 17,416 shares of the exchange traded fund’s stock valued at $551,000 after buying an additional 418 shares in the last quarter. Finally, L & S Advisors Inc lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.7% during the fourth quarter. L & S Advisors Inc now owns 24,409 shares of the exchange traded fund’s stock valued at $772,000 after buying an additional 881 shares in the last quarter.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.2%

PDN stock opened at $37.94 on Wednesday. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a one year low of $29.43 and a one year high of $38.07. The firm has a market capitalization of $360.43 million, a PE ratio of 13.54 and a beta of 0.83. The firm has a 50-day moving average of $35.18 and a two-hundred day moving average of $33.72.

About Invesco 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.