Flagstar Advisors Inc. Raises Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Flagstar Advisors Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.7% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 13,684 shares of the company’s stock after purchasing an additional 227 shares during the quarter. Flagstar Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $725,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter valued at approximately $25,000. Mather Group LLC. raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after purchasing an additional 306 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $28,000. Toronto Dominion Bank acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $35,000. Finally, Farther Finance Advisors LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after buying an additional 264 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.3 %

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $54.78 on Friday. The stock has a 50 day simple moving average of $53.48 and a 200-day simple moving average of $52.45. The stock has a market cap of $6.42 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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