Private Advisor Group LLC Lowers Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Private Advisor Group LLC lowered its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 636,023 shares of the company’s stock after selling 17,875 shares during the period. Private Advisor Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $34,491,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds also recently bought and sold shares of the stock. GHP Investment Advisors Inc. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $27,000. Farther Finance Advisors LLC lifted its holdings in shares of 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. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $72,000. Empirical Asset Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $222,000. Finally, International Assets Investment Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL opened at $57.18 on Wednesday. The firm’s 50 day simple moving average is $55.68 and its two-hundred day simple moving average is $53.90. The stock has a market cap of $6.70 billion, a price-to-earnings 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, December 27th. Investors of record on Monday, December 23rd were paid a $0.0768 dividend. The ex-dividend date of this dividend was Monday, December 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.