Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Shares Purchased by Opes Wealth Management LLC

Opes Wealth Management LLC raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 0.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 203,816 shares of the exchange traded fund’s stock after purchasing an additional 1,392 shares during the period. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF comprises approximately 1.3% of Opes Wealth Management LLC’s holdings, making the stock its 25th largest holding. Opes Wealth Management LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $6,445,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in PDN. Creative Planning raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 33.7% in the 3rd quarter. Creative Planning now owns 36,201 shares of the exchange traded fund’s stock valued at $1,272,000 after purchasing an additional 9,133 shares in the last quarter. Sequoia Financial Advisors LLC raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 21.5% in the 3rd quarter. Sequoia Financial Advisors LLC now owns 13,804 shares of the exchange traded fund’s stock valued at $485,000 after purchasing an additional 2,439 shares in the last quarter. Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% in the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,263 shares of the exchange traded fund’s stock valued at $255,000 after purchasing an additional 857 shares in the last quarter. US Bancorp DE acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 3rd quarter valued at approximately $48,000. Finally, Droms Strauss Advisors Inc. MO ADV raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.0% during the 3rd quarter. Droms Strauss Advisors Inc. MO ADV now owns 113,223 shares of the exchange traded fund’s stock valued at $3,980,000 after acquiring an additional 1,175 shares in the last quarter.

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

Shares of PDN opened at $33.76 on Friday. The business’s fifty day moving average price is $32.32 and its 200 day moving average price is $33.15. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12-month low of $31.02 and a 12-month high of $35.49. The stock has a market capitalization of $524.97 million, a PE ratio of 11.04 and a beta of 0.87.

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