Beckerman Institutional LLC Purchases New Stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Beckerman Institutional LLC acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 18,987 shares of the exchange traded fund’s stock, valued at approximately $667,000. Beckerman Institutional LLC owned about 0.12% of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in PDN. US Bancorp DE bought a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 3rd quarter worth about $48,000. Aptus Capital Advisors LLC bought a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the second quarter worth about $53,000. CWM LLC boosted its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.3% in the second quarter. CWM LLC now owns 2,344 shares of the exchange traded fund’s stock valued at $76,000 after acquiring an additional 380 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 74.4% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,715 shares of the exchange traded fund’s stock valued at $88,000 after purchasing an additional 1,158 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% during the 3rd quarter. Wealth Enhancement Advisory Services LLC now owns 7,263 shares of the exchange traded fund’s stock worth $255,000 after purchasing an additional 857 shares during the period.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Down 1.4 %

Shares of NYSEARCA PDN opened at $32.92 on Friday. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12-month low of $29.08 and a 12-month high of $35.49. The company has a market cap of $511.91 million, a price-to-earnings ratio of 11.04 and a beta of 0.87. The stock’s 50 day simple moving average is $34.04 and its 200 day simple moving average is $33.42.

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.