Spinnaker Trust Sells 9,858 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Spinnaker Trust lessened its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 56.7% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 7,519 shares of the company’s stock after selling 9,858 shares during the quarter. Spinnaker Trust’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $398,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Arizona PSPRS Trust acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at approximately $281,479,000. Balentine LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% in the 3rd quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after buying an additional 964,398 shares during the last quarter. Cetera Investment Advisers raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% in the 1st quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock worth $14,509,000 after acquiring an additional 225,633 shares during the period. Bank of New York Mellon Corp lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock worth $160,751,000 after acquiring an additional 134,468 shares during the last quarter. Finally, Orrstown Financial Services Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% during the third quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock valued at $50,421,000 after acquiring an additional 125,123 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 2.2 %

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $54.61 on Thursday. The company has a market capitalization of $6.40 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The business has a 50 day simple moving average of $52.71 and a 200-day simple moving average of $52.26.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a $0.1083 dividend. 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.