Cetera Investment Advisers Increases Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Cetera Investment Advisers boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 608.7% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 262,703 shares of the company’s stock after buying an additional 225,633 shares during the period. Cetera Investment Advisers owned approximately 0.22% of Invesco Russell 1000 Dynamic Multifactor ETF worth $14,509,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in OMFL. Pineridge Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter valued at $25,000. Capital Investment Advisory Services LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the first quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock worth $51,000 after buying an additional 662 shares in the last quarter. Security National Bank acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $58,000. Parallel Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $60,000. Finally, CWM LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $61,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.8 %

Shares of BATS:OMFL opened at $49.03 on Friday. The company has a 50-day moving average of $51.93 and a two-hundred day moving average of $52.21. The stock has a market cap of $5.74 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 disclosed a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were issued a $0.2324 dividend. The ex-dividend date was Monday, June 24th.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.