Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC lessened its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 42.8% in the fourth quarter, HoldingsChannel.com reports. The firm owned 1,078,870 shares of the company’s stock after selling 808,473 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 1.8% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 7th biggest holding. HBK Sorce Advisory LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $58,507,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in OMFL. GHP Investment Advisors Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $27,000. Farther Finance Advisors LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $72,000. Empirical Asset Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $222,000. Finally, International Assets Investment Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.8 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $52.95 on Thursday. The business has a 50 day simple moving average of $55.64 and a 200-day simple moving average of $54.44. The company has a market capitalization of $4.64 billion, a PE ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0768 dividend. The ex-dividend date of this dividend 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.