Invesco International Developed Dynamic Multifactor ETF $IMFL Shares Bought by Concurrent Investment Advisors LLC

Concurrent Investment Advisors LLC lifted its stake in shares of Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 40.9% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 419,152 shares of the company’s stock after buying an additional 121,587 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 2.02% of Invesco International Developed Dynamic Multifactor ETF worth $14,394,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds also recently added to or reduced their stakes in the stock. Northwestern Mutual Wealth Management Co. bought a new stake in Invesco International Developed Dynamic Multifactor ETF during the second quarter valued at $135,000. Osaic Holdings Inc. increased its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 58.1% during the fourth quarter. Osaic Holdings Inc. now owns 4,694 shares of the company’s stock valued at $140,000 after acquiring an additional 1,725 shares during the period. IFP Advisors Inc raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 55.5% in the 4th quarter. IFP Advisors Inc now owns 4,913 shares of the company’s stock worth $146,000 after buying an additional 1,753 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in Invesco International Developed Dynamic Multifactor ETF in the 2nd quarter valued at about $191,000. Finally, VestGen Advisors LLC grew its position in Invesco International Developed Dynamic Multifactor ETF by 4.1% in the fourth quarter. VestGen Advisors LLC now owns 7,756 shares of the company’s stock worth $231,000 after buying an additional 303 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

IMFL stock opened at $35.10 on Friday. The company’s 50 day simple moving average is $34.34 and its 200-day simple moving average is $33.69. Invesco International Developed Dynamic Multifactor ETF has a 52-week low of $27.00 and a 52-week high of $36.28. The firm has a market capitalization of $728.33 million, a P/E ratio of 19.09 and a beta of 0.77.

Invesco International Developed Dynamic Multifactor ETF Profile

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.