LPL Financial LLC Sells 1,164,630 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

LPL Financial LLC lessened its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 24.8% in the fourth quarter, Holdings Channel reports. The institutional investor owned 3,528,401 shares of the company’s stock after selling 1,164,630 shares during the period. LPL Financial LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $191,345,000 at the end of the most recent quarter.

Other large investors have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $27,000. Golden State Wealth Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $72,000. Empirical Asset Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $222,000. International Assets Investment Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $223,000. Finally, Sierra Ocean LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $233,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $53.32 on Monday. The firm has a market cap of $4.62 billion, a PE ratio of 26.44 and a beta of 1.02. The company has a 50 day simple moving average of $55.42 and a 200 day simple moving average of $54.52. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $46.79 and a 1 year high of $57.49.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently announced a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be given a dividend of $0.1166 per share. The ex-dividend date of this dividend is Monday, March 24th. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08.

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.