Waycross Investment Management Co Invests $25.49 Million in Invesco International Developed Dynamic Multifactor ETF $IMFL

Waycross Investment Management Co bought a new position in Invesco International Developed Dynamic Multifactor ETF (BATS:IMFL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 742,266 shares of the company’s stock, valued at approximately $25,489,000. Invesco International Developed Dynamic Multifactor ETF comprises 14.9% of Waycross Investment Management Co’s portfolio, making the stock its 2nd largest holding. Waycross Investment Management Co owned about 3.58% of Invesco International Developed Dynamic Multifactor ETF at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the business. Northwestern Mutual Wealth Management Co. acquired a new position in Invesco International Developed Dynamic Multifactor ETF during the 2nd quarter valued at about $135,000. Osaic Holdings Inc. raised its stake in shares of Invesco International Developed Dynamic Multifactor ETF by 58.1% in the fourth quarter. Osaic Holdings Inc. now owns 4,694 shares of the company’s stock worth $140,000 after purchasing an additional 1,725 shares during the last quarter. IFP Advisors Inc lifted its holdings in shares of Invesco International Developed Dynamic Multifactor ETF by 55.5% in the fourth quarter. IFP Advisors Inc now owns 4,913 shares of the company’s stock valued at $146,000 after purchasing an additional 1,753 shares in the last quarter. Raymond James Financial Inc. bought a new position in shares of Invesco International Developed Dynamic Multifactor ETF in the second quarter valued at approximately $191,000. Finally, VestGen Advisors LLC boosted its position in shares of Invesco International Developed Dynamic Multifactor ETF by 4.1% during the fourth quarter. VestGen Advisors LLC now owns 7,756 shares of the company’s stock valued at $231,000 after buying an additional 303 shares during the last quarter.

Invesco International Developed Dynamic Multifactor ETF Trading Up 0.5%

Shares of Invesco International Developed Dynamic Multifactor ETF stock opened at $34.71 on Thursday. The stock has a fifty day simple moving average of $34.31 and a 200 day simple moving average of $33.67. Invesco International Developed Dynamic Multifactor ETF has a 12-month low of $27.00 and a 12-month high of $36.28. The company has a market capitalization of $720.23 million, a P/E 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.