First Horizon Advisors Inc. Makes New Investment in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

First Horizon Advisors Inc. purchased a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 983 shares of the exchange traded fund’s stock, valued at approximately $32,000.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Cutler Investment Counsel LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.6% during the 4th quarter. Cutler Investment Counsel LLC now owns 292,524 shares of the exchange traded fund’s stock valued at $9,501,000 after purchasing an additional 12,741 shares during the period. Studio Investment Management LLC raised its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 5.3% in the third quarter. Studio Investment Management LLC now owns 30,406 shares of the exchange traded fund’s stock worth $898,000 after buying an additional 1,539 shares in the last quarter. Klingman & Associates LLC lifted its holdings 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. Sequoia Financial Advisors LLC bought a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at $378,000. Finally, Blue Trust Inc. bought a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at $55,000.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.0 %

PDN opened at $32.95 on Thursday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12 month low of $27.67 and a 12 month high of $33.14. The stock has a fifty day moving average price of $32.46 and a 200-day moving average price of $31.51. The firm has a market cap of $512.30 million, a price-to-earnings ratio of 10.53 and a beta of 0.85.

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.