Short Interest in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Declines By 15.7%

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDNGet Free Report) was the recipient of a large decrease in short interest during the month of March. As of March 13th, there was short interest totaling 2,435 shares, a decrease of 15.7% from the February 26th total of 2,888 shares. Based on an average daily volume of 60,889 shares, the short-interest ratio is currently 0.0 days. Approximately 0.0% of the shares of the company are short sold.

Institutional Trading of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF

Several hedge funds have recently added to or reduced their stakes in PDN. Invesco Ltd. boosted its position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.8% during the 4th quarter. Invesco Ltd. now owns 364,163 shares of the exchange traded fund’s stock worth $15,363,000 after acquiring an additional 23,277 shares during the period. Mercer Global Advisors Inc. ADV increased its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 25.0% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 21,369 shares of the exchange traded fund’s stock valued at $901,000 after purchasing an additional 4,275 shares during the period. Crusonia Wealth Advisors LLC acquired a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter valued at $1,562,000. Kestra Advisory Services LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter valued at about $30,000. Finally, Wells Fargo & Company MN raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.8% during the fourth quarter. Wells Fargo & Company MN now owns 30,381 shares of the exchange traded fund’s stock valued at $1,282,000 after purchasing an additional 831 shares in the last quarter.

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

PDN opened at $42.13 on Monday. The business’s 50 day moving average is $45.13 and its 200-day moving average is $42.86. The stock has a market cap of $356.00 million, a PE ratio of 14.57 and a beta of 0.84. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a twelve month low of $29.43 and a twelve month high of $47.72.

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

(Get Free Report)

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.

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