Droms Strauss Advisors Inc. MO ADV Buys 1,009 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Droms Strauss Advisors Inc. MO ADV boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 0.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 114,232 shares of the exchange traded fund’s stock after buying an additional 1,009 shares during the quarter. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF makes up approximately 1.2% of Droms Strauss Advisors Inc. MO ADV’s investment portfolio, making the stock its 20th largest position. Droms Strauss Advisors Inc. MO ADV’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $3,612,000 at the end of the most recent quarter.

A number of other large investors have also added to or reduced their stakes in the business. Jane Street Group LLC raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 142.0% in the 3rd quarter. Jane Street Group LLC now owns 258,327 shares of the exchange traded fund’s stock valued at $9,080,000 after buying an additional 151,585 shares during the last quarter. Opes Wealth Management LLC raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.7% in the 4th quarter. Opes Wealth Management LLC now owns 203,816 shares of the exchange traded fund’s stock valued at $6,445,000 after buying an additional 1,392 shares during the last quarter. HighTower Advisors LLC raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.5% in the 3rd quarter. HighTower Advisors LLC now owns 191,643 shares of the exchange traded fund’s stock valued at $6,734,000 after buying an additional 899 shares during the last quarter. KWB Wealth raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.3% in the 4th quarter. KWB Wealth now owns 62,980 shares of the exchange traded fund’s stock valued at $1,991,000 after buying an additional 838 shares during the last quarter. Finally, Bank of Montreal Can raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 62.7% in the 3rd quarter. Bank of Montreal Can now owns 62,221 shares of the exchange traded fund’s stock valued at $2,186,000 after buying an additional 23,971 shares during the last quarter.

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

Shares of NYSEARCA PDN opened at $33.76 on Monday. The company has a 50 day simple moving average of $32.32 and a 200 day simple moving average of $33.14. The firm has a market cap of $524.97 million, a PE ratio of 11.04 and a beta of 0.87. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1 year low of $31.02 and a 1 year high of $35.49.

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