Financial Designs Corp Has $12.89 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Financial Designs Corp lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.2% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 243,284 shares of the company’s stock after purchasing an additional 9,751 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 8.3% of Financial Designs Corp’s portfolio, making the stock its 3rd largest position. Financial Designs Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $12,892,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of the stock. NBC Securities Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.7% in the 1st quarter. NBC Securities Inc. now owns 5,431 shares of the company’s stock worth $299,000 after buying an additional 194 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.4% during the 1st quarter. Dynamic Advisor Solutions LLC now owns 280,771 shares of the company’s stock worth $15,507,000 after acquiring an additional 3,847 shares during the last quarter. Flagstar Advisors Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 35.5% in the first quarter. Flagstar Advisors Inc. now owns 10,391 shares of the company’s stock worth $574,000 after acquiring an additional 2,721 shares in the last quarter. Wealthcare Advisory Partners LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 35.1% in the first quarter. Wealthcare Advisory Partners LLC now owns 51,754 shares of the company’s stock worth $2,858,000 after acquiring an additional 13,453 shares in the last quarter. Finally, Advocacy Wealth Management Services LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 137.2% in the first quarter. Advocacy Wealth Management Services LLC now owns 51,900 shares of the company’s stock valued at $2,866,000 after acquiring an additional 30,022 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL traded up $0.14 during trading hours on Friday, reaching $53.89. 210,955 shares of the stock traded hands. The firm has a 50-day moving average price of $52.16 and a 200 day moving average price of $52.21. The firm has a market cap of $6.31 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.1083 per share. The ex-dividend date of this dividend was Monday, September 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.