Sowell Financial Services LLC Buys New Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Sowell Financial Services LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 15,997 shares of the company’s stock, valued at approximately $867,000.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after purchasing an additional 264 shares in the last quarter. Elios Financial Group Inc. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth $2,438,000. Y Intercept Hong Kong Ltd bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $654,000. CreativeOne Wealth LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% during the third quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock valued at $1,260,000 after buying an additional 1,796 shares during the last quarter. Finally, Proactive Wealth Strategies LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth about $2,806,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 1.3 %

OMFL opened at $53.25 on Tuesday. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 27.81 and a beta of 1.02. The stock has a fifty day simple moving average of $55.70 and a 200-day simple moving average of $54.42.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a $0.0768 dividend. 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.