Arkadios Wealth Advisors Boosts Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Arkadios Wealth Advisors increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.5% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 608,099 shares of the company’s stock after purchasing an additional 31,531 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up 1.8% of Arkadios Wealth Advisors’ portfolio, making the stock its 6th biggest holding. Arkadios Wealth Advisors owned approximately 0.52% of Invesco Russell 1000 Dynamic Multifactor ETF worth $32,223,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of OMFL. Silver Oak Securities Incorporated lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.6% in the 3rd quarter. Silver Oak Securities Incorporated now owns 148,379 shares of the company’s stock worth $7,827,000 after buying an additional 820 shares during the period. Fortis Group Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 70.0% in the third quarter. Fortis Group Advisors LLC now owns 29,445 shares of the company’s stock worth $1,560,000 after purchasing an additional 12,120 shares in the last quarter. Triad Wealth Partners LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the 3rd quarter. Triad Wealth Partners LLC now owns 244,610 shares of the company’s stock valued at $12,962,000 after buying an additional 2,839 shares in the last quarter. Financial Designs Corp boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.2% in the 3rd quarter. Financial Designs Corp now owns 243,284 shares of the company’s stock valued at $12,892,000 after buying an additional 9,751 shares in the last quarter. Finally, Petix & Botte Co raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 11.2% during the 3rd quarter. Petix & Botte Co now owns 18,330 shares of the company’s stock worth $971,000 after acquiring an additional 1,846 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock traded up $0.05 during trading on Friday, reaching $53.22. The company’s stock had a trading volume of 312,994 shares. The company has a fifty day moving average price of $52.45 and a 200-day moving average price of $52.20. The stock has a market capitalization of $6.23 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.1083 dividend. The ex-dividend date was Monday, September 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.