Raymond James Financial Services Advisors Inc. Reduces Holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Raymond James Financial Services Advisors Inc. lessened its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 8.8% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 7,756 shares of the exchange traded fund’s stock after selling 752 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $252,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in PDN. Larson Financial Group LLC raised its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 358.8% in the third quarter. Larson Financial Group LLC now owns 1,748 shares of the exchange traded fund’s stock valued at $52,000 after purchasing an additional 1,367 shares during the period. Clarius Group LLC lifted its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 32.4% in the third quarter. Clarius Group LLC now owns 15,207 shares of the exchange traded fund’s stock valued at $449,000 after buying an additional 3,725 shares during the last quarter. Klingman & Associates LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.0% during the third quarter. Klingman & Associates LLC now owns 26,305 shares of the exchange traded fund’s stock worth $777,000 after buying an additional 1,000 shares during the period. Studio Investment Management LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 5.3% during the third quarter. Studio Investment Management LLC now owns 30,406 shares of the exchange traded fund’s stock valued at $898,000 after acquiring an additional 1,539 shares during the last quarter. Finally, Charles Schwab Trust Co raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 10.8% in the 3rd quarter. Charles Schwab Trust Co now owns 36,858 shares of the exchange traded fund’s stock valued at $1,089,000 after acquiring an additional 3,590 shares during the period.

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

Shares of PDN stock opened at $32.22 on Wednesday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a one year low of $27.67 and a one year high of $33.14. The firm’s 50 day moving average price is $32.33 and its 200-day moving average price is $31.26. The firm has a market cap of $501.08 million, a P/E ratio of 10.65 and a beta of 0.85.

Invesco FTSE 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.