Charles Schwab Trust Co Cuts Position in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Charles Schwab Trust Co lowered its position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 1.3% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 31,712 shares of the exchange traded fund’s stock after selling 403 shares during the period. Charles Schwab Trust Co’s holdings in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $1,062,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. Studio Investment Management LLC lifted its holdings in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF by 2.4% in the fourth quarter. Studio Investment Management LLC now owns 33,862 shares of the exchange traded fund’s stock worth $1,071,000 after buying an additional 778 shares in the last quarter. Focus Partners Wealth bought a new stake in Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the fourth quarter worth approximately $406,000. EP Wealth Advisors LLC bought a new position in shares of Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF during the 4th quarter valued at approximately $190,000. Bank of America Corp DE lifted its holdings in shares of 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 worth $540,000 after acquiring an additional 4,827 shares during the last quarter. Finally, Ameriprise Financial Inc. raised its position 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 worth $2,931,000 after purchasing an additional 4,351 shares during the period.

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

Shares of PDN stock opened at $37.78 on Thursday. Invesco RAFI Developed Markets ex-U.S. Small-Mid ETF has a 52-week low of $29.43 and a 52-week high of $37.85. The firm has a market capitalization of $358.91 million, a P/E ratio of 13.54 and a beta of 0.83. The stock has a 50 day moving average price of $34.82 and a 200 day moving average price of $33.56.

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.