Transcend Capital Advisors LLC Has $2.65 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Transcend Capital Advisors LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.1% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 51,594 shares of the company’s stock after acquiring an additional 2,485 shares during the period. Transcend Capital Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,652,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Bank of New York Mellon Corp raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 524.5% during the third quarter. Bank of New York Mellon Corp now owns 2,198,532 shares of the company’s stock worth $100,781,000 after buying an additional 1,846,484 shares during the last quarter. Orrstown Financial Services Inc. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $33,261,000. LPL Financial LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% during the third quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock worth $282,050,000 after buying an additional 595,535 shares during the last quarter. UBS Group AG raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 63.6% during the third quarter. UBS Group AG now owns 1,140,994 shares of the company’s stock worth $52,303,000 after buying an additional 443,587 shares during the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 111.8% during the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 789,598 shares of the company’s stock worth $36,195,000 after buying an additional 416,799 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.2 %

OMFL traded up $0.09 during trading on Friday, hitting $52.39. 273,541 shares of the company’s stock were exchanged. The firm’s fifty day moving average price is $52.86 and its 200 day moving average price is $50.02. The company has a market cap of $6.14 billion, a PE ratio of 21.86 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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

About Invesco Russell 1000 Dynamic Multifactor ETF

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.