Summit Financial Strategies Inc. maintained its stake in shares of PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSE:PDN) during the second quarter, Holdings Channel reports. The fund owned 7,277 shares of the exchange traded fund’s stock at the end of the second quarter. Summit Financial Strategies Inc.’s holdings in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio were worth $227,000 at the end of the most recent reporting period.

Separately, Tillar Wenstrup Advisors LLC raised its stake in shares of PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio by 15.0% in the second quarter. Tillar Wenstrup Advisors LLC now owns 12,160 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 1,586 shares in the last quarter.

Shares of PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (PDN) opened at 32.13 on Thursday. PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio has a 52 week low of $26.15 and a 52 week high of $32.50. The stock has a 50 day moving average of $31.61 and a 200-day moving average of $30.11.

ILLEGAL ACTIVITY NOTICE: “Summit Financial Strategies Inc. Maintains Position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSE:PDN)” was first published by Watch List News and is the property of of Watch List News. If you are viewing this article on another site, it was illegally stolen and reposted in violation of US & international copyright laws. The legal version of this article can be viewed at https://www.watchlistnews.com/summit-financial-strategies-inc-maintains-position-in-powershares-ftse-rafi-developed-markets-ex-u-s-small-mid-portfolio-nysepdn/1469600.html.

Want to see what other hedge funds are holding PDN? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSE:PDN).

Institutional Ownership by Quarter for PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSE:PDN)

Receive News & Ratings for PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio and related companies with Analyst Ratings Network's FREE daily email newsletter.