Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Stock Passes Above 50-Day Moving Average – Time to Sell?

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) passed above its 50-day moving average during trading on Tuesday . The stock has a 50-day moving average of $32.24 and traded as high as $32.70. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF shares last traded at $32.67, with a volume of 26,393 shares trading hands.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.2 %

The stock has a fifty day simple moving average of $32.24 and a two-hundred day simple moving average of $33.18. The firm has a market cap of $508.02 million, a PE ratio of 11.04 and a beta of 0.87.

Hedge Funds Weigh In On Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF

Hedge funds and other institutional investors have recently modified their holdings of the company. Aptus Capital Advisors LLC boosted its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.4% in the third quarter. Aptus Capital Advisors LLC now owns 1,951 shares of the exchange traded fund’s stock valued at $69,000 after acquiring an additional 317 shares in the last quarter. KWB Wealth grew its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.8% in the third quarter. KWB Wealth now owns 62,142 shares of the exchange traded fund’s stock worth $2,008,000 after acquiring an additional 522 shares during the last quarter. Wade Financial Advisory Inc increased its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 1.7% during the 4th quarter. Wade Financial Advisory Inc now owns 47,713 shares of the exchange traded fund’s stock valued at $1,509,000 after purchasing an additional 785 shares in the last quarter. Wealth Enhancement Advisory Services LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 7,263 shares of the exchange traded fund’s stock valued at $255,000 after acquiring an additional 857 shares in the last quarter. Finally, HighTower Advisors LLC raised its stake in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 0.5% in the third quarter. HighTower Advisors LLC now owns 191,643 shares of the exchange traded fund’s stock worth $6,734,000 after purchasing an additional 899 shares during the last quarter.

Invesco FTSE 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.