Bank of The West cut its stake in shares of PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSEARCA:PDN) by 8.5% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 50,168 shares of the exchange traded fund’s stock after selling 4,689 shares during the period. Bank of The West’s holdings in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio were worth $1,726,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently bought and sold shares of PDN. Ameriprise Financial Inc. increased its position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio by 12.6% during the 2nd quarter. Ameriprise Financial Inc. now owns 308,636 shares of the exchange traded fund’s stock worth $9,636,000 after purchasing an additional 34,443 shares during the period. Klingman & Associates LLC increased its position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio by 25.3% during the 3rd quarter. Klingman & Associates LLC now owns 16,220 shares of the exchange traded fund’s stock worth $532,000 after purchasing an additional 3,272 shares during the period. Raymond James Financial Services Advisors Inc. acquired a new position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio during the 3rd quarter worth approximately $234,000. Cutler Investment Counsel LLC increased its position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio by 10.5% during the 3rd quarter. Cutler Investment Counsel LLC now owns 144,081 shares of the exchange traded fund’s stock worth $4,729,000 after purchasing an additional 13,652 shares during the period. Finally, Condor Capital Management increased its position in PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio by 1.9% during the 3rd quarter. Condor Capital Management now owns 84,657 shares of the exchange traded fund’s stock worth $2,778,000 after purchasing an additional 1,552 shares during the period.

PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSEARCA:PDN) opened at $34.17 on Thursday. PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio has a 52-week low of $28.11 and a 52-week high of $36.59.

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Institutional Ownership by Quarter for PowerShares FTSE RAFI Developed Markets ex-U.S. Small-Mid Portfolio (NYSEARCA:PDN)

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