Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Holdings Reduced by Alpha Financial Advisors LLC

Alpha Financial Advisors LLC decreased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 418,629 shares of the company’s stock after selling 3,979 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 10.9% of Alpha Financial Advisors LLC’s investment portfolio, making the stock its 3rd largest position. Alpha Financial Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $21,522,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. LPL Financial LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% in the third quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock valued at $282,050,000 after purchasing an additional 595,535 shares during the period. Raymond James Financial Services Advisors Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 7.9% in the third quarter. Raymond James Financial Services Advisors Inc. now owns 2,911,373 shares of the company’s stock valued at $133,457,000 after purchasing an additional 213,527 shares during the period. HBK Sorce Advisory LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.1% in the third quarter. HBK Sorce Advisory LLC now owns 2,730,326 shares of the company’s stock valued at $125,158,000 after purchasing an additional 29,788 shares during the period. Bank of New York Mellon Corp grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 524.5% in the third quarter. Bank of New York Mellon Corp now owns 2,198,532 shares of the company’s stock valued at $100,781,000 after buying an additional 1,846,484 shares in the last quarter. Finally, Baystate Wealth Management LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% in the fourth quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock valued at $62,325,000 after buying an additional 39,325 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS OMFL traded down $0.93 during trading on Wednesday, reaching $51.83. The stock had a trading volume of 340,756 shares. The stock has a fifty day moving average price of $52.92 and a 200-day moving average price of $50.17. The stock has a market capitalization of $6.07 billion, a P/E ratio of 21.86 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 22nd. Stockholders of record on Tuesday, March 19th were paid a $0.2461 dividend. The ex-dividend date was Monday, March 18th. This is a boost from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21.

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.