Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Econ Financial Services Corp

Econ Financial Services Corp lowered its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 28.2% in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 46,630 shares of the company’s stock after selling 18,350 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 1.6% of Econ Financial Services Corp’s portfolio, making the stock its 17th largest position. Econ Financial Services Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,575,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in OMFL. Capital Investment Advisory Services LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock valued at $51,000 after purchasing an additional 662 shares during the last quarter. Security National Bank acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $58,000. Parallel Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $60,000. CWM LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $61,000. Finally, Householder Group Estate & Retirement Specialist LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 5,419.2% in the 4th quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,435 shares of the company’s stock valued at $73,000 after purchasing an additional 1,409 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.1 %

OMFL stock traded up $0.05 during midday trading on Monday, hitting $49.89. The company’s stock had a trading volume of 1,253,672 shares. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The firm has a 50-day moving average of $52.25 and a 200-day moving average of $52.23.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.2324 dividend. 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.