Wade Financial Advisory Inc Sells 1,824 Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Wade Financial Advisory Inc lessened its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 3.8% during the 1st quarter, HoldingsChannel reports. The institutional investor owned 45,889 shares of the exchange traded fund’s stock after selling 1,824 shares during the period. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF makes up 0.5% of Wade Financial Advisory Inc’s portfolio, making the stock its 29th biggest position. Wade Financial Advisory Inc’s holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $1,536,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 4.9% in the 4th quarter. Ameriprise Financial Inc. now owns 92,649 shares of the exchange traded fund’s stock valued at $2,931,000 after buying an additional 4,351 shares during the period. Bank of America Corp DE increased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 39.4% in the 4th quarter. Bank of America Corp DE now owns 17,092 shares of the exchange traded fund’s stock valued at $540,000 after buying an additional 4,827 shares during the period. Raymond James Financial Inc. bought a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at $237,000. Focus Partners Wealth bought a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter valued at $406,000. Finally, IFP Advisors Inc increased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6,261.5% in the 1st quarter. IFP Advisors Inc now owns 3,308 shares of the exchange traded fund’s stock valued at $111,000 after buying an additional 3,256 shares during the period.

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

Shares of NYSEARCA:PDN opened at $38.69 on Monday. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52 week low of $29.43 and a 52 week high of $40.07. The company’s fifty day moving average is $38.45 and its 200-day moving average is $35.48. The company has a market capitalization of $355.95 million, a PE ratio of 14.57 and a beta of 0.92.

About Invesco 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.