Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Short Interest Update

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) was the target of a significant drop in short interest in March. As of March 13th, there was short interest totaling 2,435 shares, a drop of 15.7% from the February 26th total of 2,888 shares. Approximately 0.0% of the company’s stock are short sold. Based on an average daily volume of 60,889 shares, the short-interest ratio is presently 0.0 days.

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

Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF stock opened at $42.13 on Monday. The business has a 50-day moving average price of $45.13 and a 200 day moving average price of $42.86. 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 $47.72. The firm has a market cap of $356.00 million, a P/E ratio of 14.57 and a beta of 0.84.

Institutional Investors Weigh In On Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

A number of institutional investors have recently made changes to their positions in the company. Royal Bank of Canada lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 26.1% during the first quarter. Royal Bank of Canada now owns 45,158 shares of the exchange traded fund’s stock worth $1,511,000 after purchasing an additional 9,346 shares during the last quarter. Jane Street Group LLC boosted its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 72.4% in the first quarter. Jane Street Group LLC now owns 31,691 shares of the exchange traded fund’s stock worth $1,061,000 after purchasing an additional 13,305 shares during the period. Focus Partners Wealth increased its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.6% during the first 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. Northwestern Mutual Wealth Management Co. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.3% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 7,835 shares of the exchange traded fund’s stock worth $305,000 after purchasing an additional 250 shares during the period. Finally, Ameriprise Financial Inc. raised its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.8% during the second quarter. Ameriprise Financial Inc. now owns 98,654 shares of the exchange traded fund’s stock worth $3,839,000 after purchasing an additional 4,476 shares during the period.

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. PDN was launched on Sep 27, 2007 and is managed by Invesco.