Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Sets 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 on Monday . The stock traded as high as $34.76 and last traded at $34.69, with a volume of 4999 shares changing hands. The stock had previously closed at $34.75.

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

The firm has a market cap of $537.87 million, a PE ratio of 11.04 and a beta of 0.87. The firm’s 50 day moving average price is $33.01 and its two-hundred day moving average price is $32.73.

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

Institutional investors and hedge funds have recently made changes to their positions in the stock. Charles Schwab Investment Advisory Inc. lifted its holdings in 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 worth $299,172,000 after buying an additional 344,206 shares in the last quarter. Susquehanna International Group LLP boosted its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 90.3% in 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 buying an additional 50,942 shares during the period. Asset Dedication LLC acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the second quarter worth about $681,000. Axxcess Wealth Management LLC acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the second quarter worth about $487,000. Finally, MB Generational Wealth LLC purchased a new stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the first quarter worth approximately $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.