Avestar Capital LLC Reduces Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Avestar Capital LLC cut its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 43.3% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 97,755 shares of the company’s stock after selling 74,593 shares during the period. Avestar Capital LLC owned about 0.08% of Invesco Russell 1000 Dynamic Multifactor ETF worth $5,301,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. GHP Investment Advisors Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $27,000. Farther Finance Advisors LLC increased its position in 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 acquiring an additional 264 shares during the last quarter. Golden State Wealth Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at $72,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth about $222,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth about $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $56.88 on Thursday. The company has a market cap of $6.66 billion, a P/E ratio of 21.45 and a beta of 0.94. The firm’s 50 day moving average price is $55.58 and its 200-day moving average price is $53.66.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0768 per share. The ex-dividend date was Monday, December 23rd.

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.