Commonwealth Financial Services LLC Acquires New Shares in Invesco International Developed Dynamic Multifactor ETF $IMFL

by · The Markets Daily

Commonwealth Financial Services LLC bought a new position in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL – Free Report) during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 431,737 shares of the company’s stock, valued at approximately $14,429,000. Invesco International Developed Dynamic Multifactor ETF accounts for 2.6% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 11th largest holding. Commonwealth Financial Services LLC owned about 2.08% of Invesco International Developed Dynamic Multifactor ETF at the end of the most recent reporting period.

Several other hedge funds have also added to or reduced their stakes in the business. Integrated Wealth Concepts LLC bought a new stake in Invesco International Developed Dynamic Multifactor ETF in the 2nd quarter valued at $6,192,000. Independence Bank of Kentucky bought a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the 2nd quarter valued at about $6,173,000. Concurrent Investment Advisors LLC grew its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 40.9% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 419,152 shares of the company’s stock valued at $14,394,000 after acquiring an additional 121,587 shares in the last quarter. Waycross Investment Management Co acquired a new stake in shares of Invesco International Developed Dynamic Multifactor ETF in the second quarter valued at about $25,489,000. Finally, Private Advisor Group LLC boosted its position in Invesco International Developed Dynamic Multifactor ETF by 22.3% during the first quarter. Private Advisor Group LLC now owns 457,060 shares of the company’s stock valued at $14,461,000 after purchasing an additional 83,423 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

BATS IMFL traded up $1.16 on Tuesday, hitting $34.37. 21,404 shares of the stock were exchanged, compared to its average volume of 102,826. The company has a market capitalization of $713.18 million, a PE ratio of 19.09 and a beta of 0.77. The business’s fifty day moving average is $34.21 and its 200 day moving average is $33.94. Invesco International Developed Dynamic Multifactor ETF has a 52 week low of $27.87 and a 52 week high of $36.28.

About Invesco International Developed Dynamic Multifactor ETF

(Free Report)

The Invesco International Developed Dynamic Multifactor ETF (IMFL) is an exchange-traded fund that mostly invests in total market equity. The fund tracks a developed market ex-US index that holds large- and some mid-cap equity securities based on multiple factors. Securities are selected depending on the stage in the economic cycle of the overall market. IMFL was launched on Feb 24, 2021 and is managed by Invesco.

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