Avestar Capital LLC Increases Stock Holdings in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL)

Avestar Capital LLC raised its holdings in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 219.0% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 187,320 shares of the company’s stock after buying an additional 128,600 shares during the quarter. Avestar Capital LLC owned about 1.01% of Invesco International Developed Dynamic Multifactor ETF worth $4,398,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Stewardship Advisors LLC grew its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 51.8% during the third quarter. Stewardship Advisors LLC now owns 507,213 shares of the company’s stock valued at $12,934,000 after buying an additional 173,024 shares during the last quarter. Asset Allocation Strategies LLC acquired a new stake in Invesco International Developed Dynamic Multifactor ETF during the 3rd quarter worth about $3,741,000. Total Clarity Wealth Management Inc. acquired a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the fourth quarter valued at about $2,770,000. Elios Financial Group Inc. purchased a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the third quarter worth about $1,128,000. Finally, Private Advisor Group LLC lifted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 15.0% during the third quarter. Private Advisor Group LLC now owns 205,369 shares of the company’s stock worth $5,237,000 after purchasing an additional 26,807 shares during the period.

Invesco International Developed Dynamic Multifactor ETF Trading Up 8.1 %

Shares of BATS IMFL opened at $25.23 on Thursday. The firm has a 50 day moving average price of $24.12 and a 200 day moving average price of $24.68. The stock has a market capitalization of $469.28 million, a price-to-earnings ratio of 17.14 and a beta of 0.80.

Invesco International Developed Dynamic Multifactor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0284 dividend. The ex-dividend date was Monday, December 23rd.

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.