Envestnet Asset Management Inc. Sells 1,608 Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF $PDN

Envestnet Asset Management Inc. decreased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 9.5% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 15,346 shares of the exchange traded fund’s stock after selling 1,608 shares during the period. Envestnet Asset Management Inc. owned 0.17% of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF worth $597,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Ameritas Advisory Services LLC purchased a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 2nd quarter valued at $27,000. IFP Advisors Inc increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6,261.5% in the 1st quarter. IFP Advisors Inc now owns 3,308 shares of the exchange traded fund’s stock valued at $111,000 after acquiring an additional 3,256 shares during the period. Northwestern Mutual Wealth Management Co. raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 26.8% during the 1st quarter. Northwestern Mutual Wealth Management Co. now owns 7,585 shares of the exchange traded fund’s stock worth $254,000 after acquiring an additional 1,604 shares in the last quarter. Focus Partners Wealth lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.6% during the 1st quarter. Focus Partners Wealth now owns 13,177 shares of the exchange traded fund’s stock valued at $441,000 after purchasing an additional 338 shares during the last quarter. Finally, L & S Advisors Inc boosted its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.0% in the first quarter. L & S Advisors Inc now owns 25,392 shares of the exchange traded fund’s stock worth $850,000 after acquiring an additional 983 shares in the last quarter.

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

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock opened at $40.58 on Tuesday. 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 $41.91. The business’s 50-day simple moving average is $41.04 and its two-hundred day simple moving average is $39.63. The company has a market cap of $359.13 million, a PE ratio of 14.57 and a beta of 0.84.

Invesco 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.