Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Acquired by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 69.9% in the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 80,195 shares of the company’s stock after buying an additional 32,982 shares during the period. Arete Wealth Advisors LLC owned 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF worth $4,354,000 at the end of the most recent reporting period.

Several other hedge funds have also made changes to their positions in the business. GHP Investment Advisors Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at approximately $27,000. Golden State Wealth Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $72,000. Empirical Asset Management LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $222,000. International Assets Investment Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $223,000. Finally, Sierra Ocean LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $233,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $53.81 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $57.49. The business has a 50 day simple moving average of $55.24 and a 200-day simple moving average of $54.64. The stock has a market capitalization of $4.64 billion, a P/E ratio of 26.53 and a beta of 1.03.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Shareholders of record on Monday, March 24th were given a dividend of $0.1166 per share. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 24th.

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.