Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stock Holdings Trimmed by ACT Advisors LLC.

ACT Advisors LLC. lowered its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.3% in the 4th quarter, HoldingsChannel reports. The firm owned 441,150 shares of the company’s stock after selling 5,795 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 12.9% of ACT Advisors LLC.’s holdings, making the stock its 2nd biggest holding. ACT Advisors LLC.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $22,680,000 at the end of the most recent quarter.

Several other institutional investors have also recently modified their holdings of OMFL. LPL Financial LLC lifted its stake 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 worth $282,050,000 after purchasing an additional 595,535 shares during the last quarter. Morgan Stanley grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 15.6% during the 3rd quarter. Morgan Stanley now owns 3,836,710 shares of the company’s stock worth $175,875,000 after acquiring an additional 517,468 shares during the last quarter. Raymond James Financial Services Advisors Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 7.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 2,911,373 shares of the company’s stock worth $133,457,000 after purchasing an additional 213,527 shares during the period. HBK Sorce Advisory LLC lifted 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 last quarter. Finally, Wells Fargo & Company MN boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 133.0% during the second quarter. Wells Fargo & Company MN now owns 2,322,765 shares of the company’s stock valued at $113,769,000 after purchasing an additional 1,325,776 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.9 %

Shares of BATS OMFL traded down $0.49 during midday trading on Monday, hitting $51.77. 629,692 shares of the company traded hands. The firm has a 50-day moving average of $52.61 and a 200-day moving average of $49.66. The company has a market capitalization of $6.07 billion, a price-to-earnings ratio of 21.86 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a dividend of $0.2461 per share. The ex-dividend date of this dividend was Monday, March 18th. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21.

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.