Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) Share Price Crosses Above Fifty Day Moving Average – Time to Sell?

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of $32.29 and traded as high as $33.24. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF shares last traded at $33.23, with a volume of 21,389 shares changing hands.

Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF Trading Up 0.5 %

The company’s 50-day moving average price is $32.29 and its two-hundred day moving average price is $33.15. The company has a market cap of $516.73 million, a P/E ratio of 11.04 and a beta of 0.87.

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

A number of large investors have recently added to or reduced their stakes in the business. Susquehanna International Group LLP boosted its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 90.3% in the 2nd quarter. Susquehanna International Group LLP now owns 107,335 shares of the exchange traded fund’s stock valued at $3,469,000 after purchasing an additional 50,942 shares during the period. Creative Planning boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 9.4% in the second quarter. Creative Planning now owns 27,068 shares of the exchange traded fund’s stock worth $875,000 after buying an additional 2,331 shares during the period. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 74.4% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 2,715 shares of the exchange traded fund’s stock worth $88,000 after buying an additional 1,158 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 21.5% in the third quarter. Sequoia Financial Advisors LLC now owns 13,804 shares of the exchange traded fund’s stock worth $485,000 after acquiring an additional 2,439 shares in the last quarter. Finally, Wealth Enhancement Advisory Services LLC raised its holdings 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 during the period.

About Invesco FTSE 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.