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

Opes Wealth Management LLC increased its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 0.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and 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 quarter. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF makes up approximately 1.3% of Opes Wealth Management LLC’s holdings, making the stock its 25th largest holding. Opes Wealth Management LLC owned 1.31% of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF worth $6,445,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. US Bancorp DE purchased a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 3rd quarter worth about $48,000. Aptus Capital Advisors LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.4% during the 3rd quarter. Aptus Capital Advisors LLC now owns 1,951 shares of the exchange traded fund’s stock worth $69,000 after purchasing an additional 317 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,263 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 857 shares in the last quarter. FMR LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 18.6% during the 3rd quarter. FMR LLC now owns 7,315 shares of the exchange traded fund’s stock worth $257,000 after purchasing an additional 1,147 shares in the last quarter. Finally, Sequoia Financial Advisors LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 21.5% during the 3rd quarter. Sequoia Financial Advisors LLC now owns 13,804 shares of the exchange traded fund’s stock worth $485,000 after purchasing an additional 2,439 shares in the last quarter.

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

PDN opened at $33.76 on Friday. The stock has a market capitalization of $524.97 million, a price-to-earnings ratio of 11.04 and a beta of 0.87. The business has a 50-day moving average of $32.32 and a two-hundred day moving average of $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.

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.