Golden State Wealth Management LLC Acquires New Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Golden State Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 4th quarter, HoldingsChannel reports. The institutional investor acquired 1,320 shares of the company’s stock, valued at approximately $72,000.

A number of other large investors have also bought and sold shares of OMFL. PFG Advisors grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% during the 3rd quarter. PFG Advisors now owns 47,340 shares of the company’s stock worth $2,509,000 after acquiring an additional 4,840 shares during the period. Farther Finance Advisors LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares during the last quarter. Sanctuary Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth about $412,000. Triad Wealth Partners LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the third quarter. Triad Wealth Partners LLC now owns 244,610 shares of the company’s stock worth $12,962,000 after purchasing an additional 2,839 shares in the last quarter. Finally, Good Life Advisors LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 18.4% in the third quarter. Good Life Advisors LLC now owns 11,398 shares of the company’s stock valued at $604,000 after purchasing an additional 1,770 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 5.7 %

Shares of OMFL stock opened at $56.98 on Tuesday. The company’s 50 day simple moving average is $55.54 and its 200 day simple moving average is $53.59. The stock has a market cap of $6.67 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0768 per share. The ex-dividend date was Monday, December 23rd.

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.