Sequoia Financial Advisors LLC Purchases 2,439 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Sequoia Financial Advisors LLC increased its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 21.5% during the third quarter, Holdings Channel.com reports. The firm owned 13,804 shares of the exchange traded fund’s stock after buying an additional 2,439 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $485,000 as of its most recent SEC filing.

Several other hedge funds have also bought and sold shares of PDN. Creative Planning lifted its position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 33.7% in the 3rd quarter. Creative Planning now owns 36,201 shares of the exchange traded fund’s stock valued at $1,272,000 after acquiring an additional 9,133 shares in the last quarter. KWB Wealth raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.8% in the third quarter. KWB Wealth now owns 62,142 shares of the exchange traded fund’s stock worth $2,008,000 after purchasing an additional 522 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 74.4% in 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 in the last quarter. Susquehanna International Group LLP boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 90.3% during the second 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 last quarter. Finally, Mercer Global Advisors Inc. ADV grew its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 5.3% during the second quarter. Mercer Global Advisors Inc. ADV now owns 19,223 shares of the exchange traded fund’s stock worth $621,000 after buying an additional 967 shares in the last quarter.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Down 0.4 %

NYSEARCA PDN opened at $33.04 on Monday. The business has a fifty day simple moving average of $34.32 and a 200 day simple moving average of $33.37. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12 month low of $27.67 and a 12 month high of $35.49. The firm has a market capitalization of $513.77 million, a P/E ratio of 11.04 and a beta of 0.87.

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.