Private Advisor Group LLC Has $34.47 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Private Advisor Group LLC reduced its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.5% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 656,682 shares of the company’s stock after selling 60,848 shares during the quarter. Private Advisor Group LLC owned about 0.56% of Invesco Russell 1000 Dynamic Multifactor ETF worth $34,469,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Defined Wealth Management LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.1% in the second quarter. Defined Wealth Management LLC now owns 40,403 shares of the company’s stock valued at $2,121,000 after purchasing an additional 826 shares during the last quarter. Belpointe Asset Management LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth about $837,000. Financial Enhancement Group LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 7.5% during the second quarter. Financial Enhancement Group LLC now owns 281,165 shares of the company’s stock worth $14,044,000 after buying an additional 19,577 shares in the last quarter. Foundations Investment Advisors LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 25.4% during the second quarter. Foundations Investment Advisors LLC now owns 7,105 shares of the company’s stock worth $373,000 after buying an additional 1,441 shares in the last quarter. Finally, Cozad Asset Management Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the second quarter. Cozad Asset Management Inc. now owns 98,632 shares of the company’s stock worth $5,177,000 after buying an additional 3,283 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.8 %

OMFL stock opened at $49.89 on Friday. The firm has a market capitalization of $5.84 billion, a P/E ratio of 21.45 and a beta of 0.94. The business’s fifty day moving average price is $50.80 and its 200-day moving average price is $52.27.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were given a dividend of $0.2324 per share. The ex-dividend date was Monday, June 24th.

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.