Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Hits New 52-Week High at $34.76

Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) hit a new 52-week high during mid-day trading on Monday . The company traded as high as $34.76 and last traded at $34.69, with a volume of 4999 shares traded. The stock had previously closed at $34.75.

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

The company has a market cap of $535.70 million, a PE ratio of 11.04 and a beta of 0.87. The stock has a 50 day moving average of $33.09 and a 200-day moving average of $32.78.

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in PDN. Charles Schwab Investment Advisory Inc. grew its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 3.9% during the 4th quarter. Charles Schwab Investment Advisory Inc. now owns 9,210,962 shares of the exchange traded fund’s stock valued at $299,172,000 after acquiring an additional 344,206 shares during the period. Susquehanna International Group LLP grew its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 90.3% during the 2nd quarter. Susquehanna International Group LLP now owns 107,335 shares of the exchange traded fund’s stock valued at $3,469,000 after acquiring an additional 50,942 shares during the period. Asset Dedication LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 2nd quarter valued at about $681,000. Axxcess Wealth Management LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 2nd quarter valued at about $487,000. Finally, MB Generational Wealth LLC acquired a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the 1st quarter valued at about $478,000.

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