Raymond James Financial Inc. Takes Position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Raymond James Financial Inc. bought 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 its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 7,482 shares of the exchange traded fund’s stock, valued at approximately $237,000.

Several other hedge funds have also recently made changes to their positions in PDN. Commonwealth Equity Services LLC grew its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.5% in the 4th quarter. Commonwealth Equity Services LLC now owns 32,253 shares of the exchange traded fund’s stock worth $1,020,000 after acquiring an additional 1,083 shares in the last quarter. Invesco Ltd. boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 107.8% during the fourth quarter. Invesco Ltd. now owns 502,933 shares of the exchange traded fund’s stock valued at $15,903,000 after purchasing an additional 260,863 shares in the last quarter. Envestnet Asset Management Inc. boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.5% during the fourth quarter. Envestnet Asset Management Inc. now owns 17,416 shares of the exchange traded fund’s stock valued at $551,000 after purchasing an additional 418 shares in the last quarter. L & S Advisors Inc lifted its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.7% during the fourth quarter. L & S Advisors Inc now owns 24,409 shares of the exchange traded fund’s stock valued at $772,000 after acquiring an additional 881 shares during the last quarter. Finally, Jones Financial Companies Lllp lifted its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 71.5% during the fourth quarter. Jones Financial Companies Lllp now owns 3,044 shares of the exchange traded fund’s stock valued at $96,000 after acquiring an additional 1,269 shares during the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Up 0.7%

NYSEARCA:PDN opened at $35.85 on Monday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52 week low of $29.43 and a 52 week high of $35.93. The firm has a 50 day moving average of $33.93 and a 200 day moving average of $33.09. The stock has a market capitalization of $333.41 million, a price-to-earnings ratio of 13.62 and a beta of 0.83.

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.