Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Intelligence Driven Advisers LLC

Intelligence Driven Advisers LLC lessened its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.8% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,778 shares of the company’s stock after selling 4,112 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,616,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of OMFL. Pineridge Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $28,000. Lowe Wealth Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $47,000. Capital Investment Advisory Services LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock worth $51,000 after purchasing an additional 662 shares during the last quarter. Finally, Security National Bank acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 1.8 %

Shares of OMFL stock traded down $0.90 during mid-day trading on Friday, reaching $49.89. 413,748 shares of the company were exchanged. The company has a fifty day moving average price of $50.80 and a 200 day moving average price of $52.27. The company has a market capitalization of $5.84 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.2324 per share. The ex-dividend date of this dividend was Monday, June 24th.

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.