Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stake Raised by WESPAC Advisors SoCal LLC

WESPAC Advisors SoCal LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 38.0% during the 1st quarter, Holdings Channel.com reports. The fund owned 5,445 shares of the company’s stock after purchasing an additional 1,500 shares during the quarter. WESPAC Advisors SoCal LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $301,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Balentine LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth about $165,301,000. UBS Group AG grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 92.8% during the 4th quarter. UBS Group AG now owns 2,200,008 shares of the company’s stock valued at $113,102,000 after acquiring an additional 1,059,014 shares in the last quarter. Baystate Wealth Management LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the 4th quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock valued at $62,325,000 after acquiring an additional 39,325 shares in the last quarter. Cambridge Investment Research Advisors Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,144,675 shares of the company’s stock valued at $58,848,000 after acquiring an additional 27,236 shares in the last quarter. Finally, Orrstown Financial Services Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 24.0% during the 1st quarter. Orrstown Financial Services Inc. now owns 802,040 shares of the company’s stock valued at $44,297,000 after acquiring an additional 155,059 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS:OMFL traded down $0.50 on Monday, hitting $51.99. 652,258 shares of the company’s stock traded hands. The firm’s 50-day simple moving average is $53.14 and its 200-day simple moving average is $52.21. The firm has a market capitalization of $6.09 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 declared a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a $0.2324 dividend. The ex-dividend date of this dividend was Monday, June 24th.

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.