Cutler Investment Counsel LLC Sells 81,879 Shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN)

Cutler Investment Counsel LLC lessened its stake in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF (NYSEARCA:PDN) by 25.5% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 238,904 shares of the exchange traded fund’s stock after selling 81,879 shares during the period. Cutler Investment Counsel LLC’s holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF were worth $8,397,000 as of its most recent SEC filing.

Other large investors have also made changes to their positions in the company. US Bancorp DE acquired a new position in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF in the 3rd quarter valued at approximately $48,000. Aptus Capital Advisors LLC acquired a new position in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF during the second quarter worth approximately $53,000. CWM LLC increased its holdings in shares of Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 19.3% during the 2nd quarter. CWM LLC now owns 2,344 shares of the exchange traded fund’s stock worth $76,000 after acquiring an additional 380 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position 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 valued at $88,000 after purchasing an additional 1,158 shares during the period. Finally, Wealth Enhancement Advisory Services LLC raised its holdings in Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF by 13.4% in the 3rd 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.

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

NYSEARCA PDN traded down $0.01 on Friday, reaching $32.09. The stock had a trading volume of 10,928 shares, compared to its average volume of 32,558. Invesco FTSE RAFI Developed Markets ex-U.S. Small-Mid ETF has a 1-year low of $29.89 and a 1-year high of $35.49. The company has a market cap of $499.06 million, a P/E ratio of 11.04 and a beta of 0.87. The firm has a fifty day moving average of $33.87 and a two-hundred day moving average of $33.43.

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.