Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Money Concepts Capital Corp

Money Concepts Capital Corp lessened its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 14.2% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 162,256 shares of the company’s stock after selling 26,938 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 0.7% of Money Concepts Capital Corp’s investment portfolio, making the stock its 27th largest position. Money Concepts Capital Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $8,799,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Flagstar Advisors Inc. raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.7% in the third quarter. Flagstar Advisors Inc. now owns 13,684 shares of the company’s stock worth $725,000 after acquiring an additional 227 shares during the last quarter. Farther Finance Advisors LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares during the last quarter. Mather Group LLC. lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after purchasing an additional 306 shares in the last quarter. Muirfield Wealth Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.9% during the 3rd quarter. Muirfield Wealth Advisors LLC now owns 20,486 shares of the company’s stock worth $1,086,000 after purchasing an additional 377 shares during the last quarter. Finally, Fox Financial Inc grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.4% during the third quarter. Fox Financial Inc now owns 103,944 shares of the company’s stock worth $5,508,000 after buying an additional 413 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 5.1 %

Shares of OMFL opened at $56.65 on Wednesday. The stock has a market capitalization of $6.64 billion, a P/E ratio of 21.45 and a beta of 0.94. The firm’s 50-day moving average price is $55.43 and its 200 day moving average price is $53.40.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a dividend of $0.0768 per share. The ex-dividend date was Monday, December 23rd.

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.