Invesco International Developed Dynamic Multifactor ETF $IMFL Position Increased by Firethorn Wealth Partners LLC

Firethorn Wealth Partners LLC grew its holdings in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 129.8% in the third quarter, Holdings Channel.com reports. The institutional investor owned 69,601 shares of the company’s stock after acquiring an additional 39,317 shares during the quarter. Firethorn Wealth Partners LLC’s holdings in Invesco International Developed Dynamic Multifactor ETF were worth $2,326,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Integrated Wealth Concepts LLC purchased a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the 2nd quarter valued at approximately $6,192,000. Concurrent Investment Advisors LLC raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 40.9% during the second quarter. Concurrent Investment Advisors LLC now owns 419,152 shares of the company’s stock worth $14,394,000 after purchasing an additional 121,587 shares during the last quarter. Independence Bank of Kentucky purchased a new stake in shares of Invesco International Developed Dynamic Multifactor ETF during the second quarter worth approximately $6,173,000. Private Advisor Group LLC raised its stake in shares of 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 worth $14,461,000 after purchasing an additional 83,423 shares during the last quarter. Finally, Geneos Wealth Management Inc. raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 6.7% during the first quarter. Geneos Wealth Management Inc. now owns 374,081 shares of the company’s stock worth $11,836,000 after purchasing an additional 23,513 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Stock Down 0.6%

Shares of BATS IMFL traded down $0.19 during mid-day trading on Wednesday, hitting $32.95. 18,828 shares of the company were exchanged, compared to its average volume of 104,186. The stock has a 50 day simple moving average of $34.33 and a 200-day simple moving average of $33.87. Invesco International Developed Dynamic Multifactor ETF has a 1-year low of $27.87 and a 1-year high of $36.28. The firm has a market cap of $683.71 million, a price-to-earnings ratio of 19.09 and a beta of 0.77.

Invesco International Developed Dynamic Multifactor ETF Company 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.