EP Wealth Advisors LLC Cuts Position in Invesco International Developed Dynamic Multifactor ETF $IMFL

EP Wealth Advisors LLC reduced its stake in shares of Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 39.4% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,857 shares of the company’s stock after selling 6,403 shares during the quarter. EP Wealth Advisors LLC’s holdings in Invesco International Developed Dynamic Multifactor ETF were worth $243,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Mascagni Wealth Management Inc. bought a new position in shares of Invesco International Developed Dynamic Multifactor ETF during the fourth quarter valued at about $88,000. Optimum Investment Advisors boosted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 7.6% during 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 period. Sowell Financial Services LLC boosted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 11.5% during the first quarter. Sowell Financial Services LLC now owns 12,099 shares of the company’s stock worth $298,000 after purchasing an additional 1,252 shares during the period. Alteri Wealth LLC bought a new position in Invesco International Developed Dynamic Multifactor ETF in the first quarter worth about $317,000. Finally, Cetera Investment Advisers raised its stake in Invesco International Developed Dynamic Multifactor ETF by 32.0% in the fourth 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 Stock Performance

IMFL stock opened at $27.77 on Wednesday. The firm has a 50 day moving average price of $27.43 and a 200-day moving average price of $26.35. Invesco International Developed Dynamic Multifactor ETF has a 52-week low of $20.99 and a 52-week high of $27.87. The firm has a market capitalization of $576.12 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.