Graney & King LLC Acquires New Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Graney & King LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 8,214 shares of the company’s stock, valued at approximately $445,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Balentine LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% in the fourth quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock valued at $308,373,000 after buying an additional 18,852 shares during the last quarter. Captrust Financial Advisors lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% in the 3rd quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock valued at $57,634,000 after purchasing an additional 30,976 shares during the last quarter. Independent Advisor Alliance acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $53,503,000. Orrstown Financial Services Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% in the 4th quarter. Orrstown Financial Services Inc. now owns 984,265 shares of the company’s stock worth $53,377,000 after purchasing an additional 32,741 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $44,315,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS OMFL opened at $54.13 on Wednesday. The firm has a market capitalization of $4.69 billion, a PE ratio of 26.44 and a beta of 1.02. The company’s 50 day simple moving average is $55.43 and its 200 day simple moving average is $54.58. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $57.49.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be issued a dividend of $0.1166 per share. The ex-dividend date of this dividend is Monday, March 24th. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08.

Invesco Russell 1000 Dynamic Multifactor ETF 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.