Envestnet Asset Management Inc. Has $568,000 Holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Envestnet Asset Management Inc. cut its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 2.7% during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 16,954 shares of the exchange traded fund’s stock after selling 462 shares during the period. Envestnet Asset Management Inc. owned 0.14% of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF worth $568,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently added to or reduced their stakes in PDN. Bessemer Group Inc. acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at approximately $46,000. EP Wealth Advisors LLC acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at approximately $190,000. Raymond James Financial Inc. acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at approximately $237,000. Focus Partners Wealth acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at approximately $406,000. Finally, Bank of America Corp DE raised its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 39.4% in the 4th quarter. Bank of America Corp DE now owns 17,092 shares of the exchange traded fund’s stock valued at $540,000 after acquiring an additional 4,827 shares during the period.

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

Shares of NYSEARCA:PDN opened at $39.36 on Wednesday. The firm’s 50 day simple moving average is $38.54 and its 200 day simple moving average is $35.56. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a fifty-two week low of $29.43 and a fifty-two week high of $40.07. The company has a market capitalization of $362.11 million, a price-to-earnings ratio of 14.57 and a beta of 0.92.

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.