Robinswood Financial LLC Acquires Shares of 84,289 Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF $PDN

Robinswood Financial LLC bought a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) during the 1st quarter, HoldingsChannel reports. The firm bought 84,289 shares of the exchange traded fund’s stock, valued at approximately $3,656,000. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF accounts for 4.6% of Robinswood Financial LLC’s investment portfolio, making the stock its 7th biggest holding.

A number of other institutional investors and hedge funds have also modified their holdings of PDN. Cetera Investment Advisers increased its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.9% during the first quarter. Cetera Investment Advisers now owns 15,246 shares of the exchange traded fund’s stock worth $661,000 after purchasing an additional 431 shares in the last quarter. Invesco Ltd. lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6.8% in the 4th quarter. Invesco Ltd. now owns 364,163 shares of the exchange traded fund’s stock valued at $15,363,000 after buying an additional 23,277 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 25.0% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 21,369 shares of the exchange traded fund’s stock valued at $901,000 after buying an additional 4,275 shares in the last quarter. Crusonia Wealth Advisors LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $1,562,000. Finally, Kestra Advisory Services LLC acquired a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $30,000.

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

NYSEARCA:PDN opened at $45.45 on Monday. The stock has a 50 day moving average of $45.55 and a two-hundred day moving average of $45.41. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 12 month low of $38.48 and a 12 month high of $47.72. The firm has a market cap of $352.24 million, a P/E ratio of 14.57 and a beta of 0.79.

Invesco 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. PDN was launched on Sep 27, 2007 and is managed by Invesco.