Kingswood Wealth Advisors LLC Has $774,000 Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Kingswood Wealth Advisors LLC trimmed its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.6% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 14,012 shares of the company’s stock after selling 1,838 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $774,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Security National Bank acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $58,000. Parallel Advisors LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $60,000. CWM LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $61,000. Householder Group Estate & Retirement Specialist LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 5,419.2% during the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,435 shares of the company’s stock worth $73,000 after buying an additional 1,409 shares during the last quarter. Finally, EverSource Wealth Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $87,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL stock traded down $0.22 during trading on Wednesday, reaching $52.34. 389,296 shares of the company’s stock were exchanged. The business has a fifty day moving average price of $53.11 and a two-hundred day moving average price of $52.16. The stock has a market capitalization of $6.13 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently declared a dividend, which will be paid on Friday, June 28th. Shareholders of record on Monday, June 24th will be issued a $0.2324 dividend. The ex-dividend date of this dividend is 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.