L & S Advisors Inc Has $1.09 Million Stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF $PDN

L & S Advisors Inc boosted its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 10.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 27,977 shares of the exchange traded fund’s stock after purchasing an additional 2,585 shares during the period. L & S Advisors Inc owned about 0.30% of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Ameritas Advisory Services LLC acquired a new position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the second quarter valued at approximately $27,000. IFP Advisors Inc raised its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 6,261.5% during the 1st quarter. IFP Advisors Inc now owns 3,308 shares of the exchange traded fund’s stock worth $111,000 after purchasing an additional 3,256 shares in the last quarter. Access Investment Management LLC acquired a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 2nd quarter valued at approximately $182,000. Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 26.8% in the first quarter. Northwestern Mutual Wealth Management Co. now owns 7,585 shares of the exchange traded fund’s stock valued at $254,000 after buying an additional 1,604 shares in the last quarter. Finally, Focus Partners Wealth increased its holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.6% during the first quarter. Focus Partners Wealth now owns 13,177 shares of the exchange traded fund’s stock worth $441,000 after buying an additional 338 shares during the last quarter.

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

Shares of PDN stock opened at $41.19 on Friday. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52-week low of $29.43 and a 52-week high of $41.91. The stock has a market cap of $364.53 million, a price-to-earnings ratio of 14.57 and a beta of 0.84. The firm’s 50-day moving average is $41.17 and its 200-day moving average is $39.36.

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.