Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Acquired by Channel Wealth LLC

Channel Wealth LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 0.2% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 121,954 shares of the company’s stock after acquiring an additional 219 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 2.1% of Channel Wealth LLC’s investment portfolio, making the stock its 14th largest position. Channel Wealth LLC owned about 0.10% of Invesco Russell 1000 Dynamic Multifactor ETF worth $6,462,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in the business. Balentine LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% in the third quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock worth $300,323,000 after acquiring an additional 964,398 shares during the last quarter. Arizona PSPRS Trust purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $281,479,000. Bank of New York Mellon Corp boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock worth $160,751,000 after purchasing an additional 134,468 shares during the last quarter. Osaic Holdings Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the first quarter. Osaic Holdings Inc. now owns 1,785,501 shares of the company’s stock worth $98,630,000 after buying an additional 78,946 shares in the last quarter. Finally, Captrust Financial Advisors raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the first quarter. Captrust Financial Advisors now owns 1,060,991 shares of the company’s stock valued at $58,599,000 after buying an additional 34,126 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS OMFL opened at $55.19 on Friday. The firm has a market capitalization of $6.46 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The stock’s 50-day moving average price is $52.78 and its 200 day moving average price is $52.28.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.1083 dividend. The ex-dividend date was Monday, September 23rd.

Invesco Russell 1000 Dynamic Multifactor ETF Company Profile

The Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of US large-cap stocks selected by a combination of five investment factors, which are weighted based on current macroeconomic conditions. OMFL was launched on Nov 8, 2017 and is managed by Invesco.