IFP Advisors Inc Has $3.38 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

IFP Advisors Inc lowered its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.5% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 62,387 shares of the company’s stock after selling 5,799 shares during the quarter. IFP Advisors Inc owned approximately 0.05% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,383,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in OMFL. Farther Finance Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after acquiring an additional 264 shares during the last quarter. White Pine Investment CO boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% during the third quarter. White Pine Investment CO now owns 124,927 shares of the company’s stock worth $6,620,000 after purchasing an additional 1,141 shares during the period. Elios Financial Group Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $2,438,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $654,000. Finally, CreativeOne Wealth LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% in the third quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock valued at $1,260,000 after purchasing an additional 1,796 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 3.6 %

BATS OMFL opened at $55.88 on Tuesday. The firm has a market cap of $6.55 billion, a PE ratio of 21.45 and a beta of 0.94. The business’s 50-day moving average is $55.70 and its 200-day moving average is $54.13.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.