Avestar Capital LLC Sells 4,604 Shares of Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL)

Avestar Capital LLC lessened its stake in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) by 7.3% during the third quarter, Holdings Channel reports. The firm owned 58,720 shares of the company’s stock after selling 4,604 shares during the period. Avestar Capital LLC’s holdings in Invesco International Developed Dynamic Multifactor ETF were worth $1,497,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the stock. Elios Financial Group Inc. bought a new position in shares of Invesco International Developed Dynamic Multifactor ETF during the third quarter valued at about $1,128,000. Ashton Thomas Securities LLC increased its stake in Invesco International Developed Dynamic Multifactor ETF by 5.3% in the 3rd quarter. Ashton Thomas Securities LLC now owns 65,569 shares of the company’s stock valued at $1,672,000 after buying an additional 3,271 shares during the last quarter. Concord Wealth Partners purchased a new stake in Invesco International Developed Dynamic Multifactor ETF in the 3rd quarter valued at about $34,000. Private Advisor Group LLC lifted its position in shares of Invesco International Developed Dynamic Multifactor ETF by 15.0% during the 3rd quarter. Private Advisor Group LLC now owns 205,369 shares of the company’s stock worth $5,237,000 after buying an additional 26,807 shares in the last quarter. Finally, Stewardship Advisors LLC boosted its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 51.8% in the 3rd quarter. Stewardship Advisors LLC now owns 507,213 shares of the company’s stock worth $12,934,000 after buying an additional 173,024 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Stock Up 0.2 %

Shares of IMFL opened at $24.18 on Tuesday. The firm’s 50 day simple moving average is $24.85 and its 200 day simple moving average is $25.17. The stock has a market capitalization of $449.66 million, a P/E ratio of 17.14 and a beta of 0.80.

Invesco International Developed Dynamic Multifactor ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a $0.3239 dividend. The ex-dividend date of this dividend was Monday, September 23rd. This is an increase from Invesco International Developed Dynamic Multifactor ETF’s previous dividend of $0.28.

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.