Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Sets New 1-Year High at $33.18

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)’s share price hit a new 52-week high during trading on Thursday . The company traded as high as $33.18 and last traded at $33.11, with a volume of 5189 shares traded. The stock had previously closed at $32.95.

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

The stock’s 50 day moving average is $32.46 and its two-hundred day moving average is $31.51. The stock has a market capitalization of $517.04 million, a PE ratio of 10.53 and a beta of 0.85.

Hedge Funds Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF

Several large investors have recently bought and sold shares of PDN. MB Generational Wealth LLC purchased a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the first quarter valued at approximately $478,000. CFO4Life Group LLC purchased a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the first quarter worth about $205,000. Commonwealth Equity Services LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 83.9% during the first quarter. Commonwealth Equity Services LLC now owns 28,704 shares of the exchange traded fund’s stock worth $944,000 after purchasing an additional 13,092 shares in the last quarter. Avantax Advisory Services Inc. lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 9,247 shares of the exchange traded fund’s stock valued at $300,000 after purchasing an additional 350 shares during the last quarter. Finally, Access Investment Management LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at about $214,000.

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

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.