Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Share Price Crosses Above 50-Day Moving Average – Here’s What Happened

Shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDNGet Free Report) passed above its fifty day moving average during trading on Wednesday . The stock has a fifty day moving average of $44.92 and traded as high as $46.97. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF shares last traded at $46.97, with a volume of 5,594 shares.

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

The stock has a market cap of $387.91 million, a price-to-earnings ratio of 14.57 and a beta of 0.79. The business’s fifty day simple moving average is $44.96 and its 200 day simple moving average is $43.88.

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

Hedge funds and other institutional investors have recently modified their holdings of the stock. Kestra Advisory Services LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 4th quarter worth about $30,000. Root Financial Partners LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 3rd quarter worth about $33,000. Painted Porch Advisors LLC bought a new stake in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF in the 3rd quarter worth about $42,000. Farther Finance Advisors LLC increased its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 374.0% in the 4th quarter. Farther Finance Advisors LLC now owns 1,256 shares of the exchange traded fund’s stock worth $53,000 after purchasing an additional 991 shares during the last quarter. Finally, Larson Financial Group LLC increased its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.8% in the 3rd quarter. Larson Financial Group LLC now owns 2,568 shares of the exchange traded fund’s stock worth $106,000 after purchasing an additional 312 shares during the last quarter.

Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Company Profile

(Get Free Report)

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.

See Also

Receive News & Ratings for Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF and related companies with MarketBeat.com's FREE daily email newsletter.