431,737 Shares of Invesco International Developed Dynamic Multifactor ETF $IMFL Acquired by Commonwealth Financial Services LLC

Commonwealth Financial Services LLC purchased a new stake in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 431,737 shares of the company’s stock, valued at approximately $14,429,000. Invesco International Developed Dynamic Multifactor ETF makes up 2.6% of Commonwealth Financial Services LLC’s investment portfolio, making the stock its 11th biggest position.

A number of other institutional investors have also recently modified their holdings of the stock. Simplicity Wealth LLC raised its stake in Invesco International Developed Dynamic Multifactor ETF by 8.1% in the first quarter. Simplicity Wealth LLC now owns 9,448 shares of the company’s stock valued at $299,000 after purchasing an additional 707 shares in the last quarter. IFP Advisors Inc raised its position in Invesco International Developed Dynamic Multifactor ETF by 13.5% during the second quarter. IFP Advisors Inc now owns 6,779 shares of the company’s stock valued at $233,000 after purchasing an additional 807 shares in the last quarter. Cetera Investment Advisers lifted its stake in Invesco International Developed Dynamic Multifactor ETF by 6.6% during the first quarter. Cetera Investment Advisers now owns 26,413 shares of the company’s stock worth $836,000 after purchasing an additional 1,635 shares during the last quarter. Signal Advisors Wealth LLC increased its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 18.8% in the 1st quarter. Signal Advisors Wealth LLC now owns 14,417 shares of the company’s stock valued at $456,000 after purchasing an additional 2,280 shares during the last quarter. Finally, Sanctuary Advisors LLC raised its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 20.0% during the 1st quarter. Sanctuary Advisors LLC now owns 20,485 shares of the company’s stock worth $648,000 after buying an additional 3,419 shares in the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

IMFL stock traded up $1.16 during trading on Tuesday, reaching $34.37. 21,404 shares of the company were exchanged, compared to its average volume of 102,826. Invesco International Developed Dynamic Multifactor ETF has a twelve month low of $27.87 and a twelve month high of $36.28. The company has a market capitalization of $713.18 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. The company has a 50-day moving average of $34.21 and a two-hundred day moving average of $33.94.

About Invesco International Developed Dynamic Multifactor ETF

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.