Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Wealth Enhancement Advisory Services LLC

Wealth Enhancement Advisory Services LLC decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 9.2% during the 2nd quarter, Holdings Channel.com reports. The firm owned 1,272,451 shares of the company’s stock after selling 128,232 shares during the period. Wealth Enhancement Advisory Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $66,791,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Pineridge Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth approximately $28,000. Lowe Wealth Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $47,000. Capital Investment Advisory Services LLC increased its position in 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 purchasing an additional 662 shares during the last quarter. Finally, Security National Bank purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 1.5 %

Shares of OMFL stock traded up $0.72 on Wednesday, reaching $50.15. 352,757 shares of the stock were exchanged. The stock has a market cap of $5.87 billion, a PE ratio of 21.45 and a beta of 0.94. The stock’s fifty day moving average price is $51.29 and its 200 day moving average price is $52.18.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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