Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC cut its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 58.5% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,320 shares of the exchange traded fund’s stock after selling 1,859 shares during the quarter. CIBC Private Wealth Group LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $42,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Wade Financial Advisory Inc increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.7% during the 4th quarter. Wade Financial Advisory Inc now owns 47,713 shares of the exchange traded fund’s stock worth $1,509,000 after purchasing an additional 785 shares during the last quarter. KWB Wealth increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.3% during the 4th quarter. KWB Wealth now owns 62,980 shares of the exchange traded fund’s stock worth $1,991,000 after purchasing an additional 838 shares during the last quarter. L & S Advisors Inc increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.7% during the 4th quarter. L & S Advisors Inc now owns 24,409 shares of the exchange traded fund’s stock worth $772,000 after purchasing an additional 881 shares during the last quarter. Droms Strauss Advisors Inc. MO ADV increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.9% during the 4th quarter. Droms Strauss Advisors Inc. MO ADV now owns 114,232 shares of the exchange traded fund’s stock worth $3,612,000 after purchasing an additional 1,009 shares during the last quarter. Finally, Commonwealth Equity Services LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.5% during the 4th quarter. Commonwealth Equity Services LLC now owns 32,253 shares of the exchange traded fund’s stock worth $1,020,000 after purchasing an additional 1,083 shares during the last quarter.

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

NYSEARCA PDN opened at $32.54 on Thursday. The company has a market cap of $383.97 million, a P/E ratio of 13.11 and a beta of 0.93. The stock has a 50-day moving average of $33.42 and a two-hundred day moving average of $33.06. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $29.43 and a 1-year high of $35.49.

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

The company also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a $0.2747 dividend. The ex-dividend date of this dividend was Monday, March 24th.

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.