Charles Schwab Investment Advisory Inc. Acquires 344,206 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Charles Schwab Investment Advisory Inc. raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 3.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,210,962 shares of the exchange traded fund’s stock after acquiring an additional 344,206 shares during the period. Charles Schwab Investment Advisory Inc. owned about 52.94% of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF worth $299,172,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. First Horizon Advisors Inc. acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter worth approximately $32,000. Larson Financial Group LLC lifted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 358.8% in the 3rd quarter. Larson Financial Group LLC now owns 1,748 shares of the exchange traded fund’s stock valued at $52,000 after acquiring an additional 1,367 shares during the last quarter. Blue Trust Inc. acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at $55,000. Private Ocean LLC bought a new stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter worth $147,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $208,000.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Stock Down 0.2 %

Shares of PDN stock traded down $0.05 during mid-day trading on Wednesday, reaching $32.89. 9,461 shares of the stock traded hands, compared to its average volume of 20,041. The company has a market cap of $511.44 million, a price-to-earnings ratio of 10.53 and a beta of 0.85. The stock’s fifty day simple moving average is $32.44 and its two-hundred day simple moving average is $31.50. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $27.67 and a 1-year high of $33.14.

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.