Financial Enhancement Group LLC Cuts Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Financial Enhancement Group LLC trimmed its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 20.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 223,343 shares of the company’s stock after selling 57,822 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 2.1% of Financial Enhancement Group LLC’s holdings, making the stock its 12th biggest position. Financial Enhancement Group LLC owned about 0.19% of Invesco Russell 1000 Dynamic Multifactor ETF worth $11,835,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Balentine LLC lifted 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 worth $300,323,000 after purchasing an additional 964,398 shares in the last quarter. Arizona PSPRS Trust purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth about $281,479,000. Bank of New York Mellon Corp raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock valued at $160,751,000 after acquiring an additional 134,468 shares during the period. Osaic Holdings Inc. lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the 1st quarter. Osaic Holdings Inc. now owns 1,785,501 shares of the company’s stock worth $98,630,000 after acquiring an additional 78,946 shares during the last quarter. Finally, Captrust Financial Advisors increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 1st quarter. Captrust Financial Advisors now owns 1,060,991 shares of the company’s stock valued at $58,599,000 after purchasing an additional 34,126 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 2.2 %

BATS:OMFL opened at $54.61 on Thursday. The stock’s 50 day moving average price is $52.71 and its two-hundred day moving average price is $52.26. The firm has a market capitalization of $6.40 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced 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.