Sowell Financial Services LLC Acquires 1,234 Shares of Invesco International Developed Dynamic Multifactor ETF $IMFL

Sowell Financial Services LLC boosted its position in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 10.2% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 13,333 shares of the company’s stock after acquiring an additional 1,234 shares during the period. Sowell Financial Services LLC’s holdings in Invesco International Developed Dynamic Multifactor ETF were worth $369,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of IMFL. Mascagni Wealth Management Inc. bought a new stake in Invesco International Developed Dynamic Multifactor ETF in the 4th quarter worth about $88,000. Optimum Investment Advisors increased its position in Invesco International Developed Dynamic Multifactor ETF by 7.6% in the first quarter. Optimum Investment Advisors now owns 7,085 shares of the company’s stock worth $174,000 after purchasing an additional 500 shares during the last quarter. Jones Financial Companies Lllp bought a new stake in shares of Invesco International Developed Dynamic Multifactor ETF in the 1st quarter worth about $261,000. Alteri Wealth LLC bought a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the first quarter worth about $317,000. Finally, Cetera Investment Advisers grew its position in shares of Invesco International Developed Dynamic Multifactor ETF by 32.0% during the 4th quarter. Cetera Investment Advisers now owns 13,567 shares of the company’s stock worth $319,000 after buying an additional 3,288 shares in the last quarter.

Invesco International Developed Dynamic Multifactor ETF Price Performance

Shares of IMFL stock opened at $27.08 on Friday. The company has a market cap of $561.81 million, a price-to-earnings ratio of 19.09 and a beta of 0.77. The stock’s fifty day moving average price is $27.54 and its 200 day moving average price is $26.54. Invesco International Developed Dynamic Multifactor ETF has a 1-year low of $20.99 and a 1-year high of $27.87.

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.