Burt Wealth Advisors Has $18.95 Million Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Burt Wealth Advisors lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.4% during the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 357,687 shares of the company’s stock after selling 5,162 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 4.7% of Burt Wealth Advisors’ holdings, making the stock its 9th largest holding. Burt Wealth Advisors owned 0.31% of Invesco Russell 1000 Dynamic Multifactor ETF worth $18,954,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in OMFL. Pineridge Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter valued at $25,000. Mather Group LLC. boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after purchasing an additional 306 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at $28,000. Toronto Dominion Bank purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at $35,000. Finally, Farther Finance Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL traded up $0.59 during trading on Friday, hitting $55.20. 429,828 shares of the company’s stock traded hands. The business’s 50-day moving average is $52.78 and its 200 day moving average is $52.28. The firm has a market cap of $6.47 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

Invesco Russell 1000 Dynamic Multifactor ETF 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.