Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Milestone Investment Advisors LLC

Milestone Investment Advisors LLC lessened its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 55.3% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 78,163 shares of the company’s stock after selling 96,661 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 1.2% of Milestone Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Milestone Investment Advisors LLC owned approximately 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF worth $4,142,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors have also recently added to or reduced their stakes in OMFL. PFG Advisors lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% in the third quarter. PFG Advisors now owns 47,340 shares of the company’s stock valued at $2,509,000 after buying an additional 4,840 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 101.8% in the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 24,608 shares of the company’s stock worth $1,359,000 after buying an additional 12,416 shares during the last quarter. Crestwood Advisors Group LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the 2nd quarter. Crestwood Advisors Group LLC now owns 15,524 shares of the company’s stock worth $815,000 after buying an additional 2,194 shares during the last quarter. Sanctuary Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $412,000. Finally, Cetera Investment Advisers increased its position in shares of 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 purchasing an additional 225,633 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS OMFL opened at $53.40 on Wednesday. The business’s 50-day simple moving average is $52.65 and its 200 day simple moving average is $52.24. The firm has a market capitalization of $6.26 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.1083 dividend. The ex-dividend date 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.