Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Bought by LM Advisors LLC

LM Advisors LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 625,537 shares of the company’s stock after buying an additional 45,031 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 5.6% of LM Advisors LLC’s investment portfolio, making the stock its 4th biggest position. LM Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $33,921,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently modified their holdings of the company. Balentine LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the 4th quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock worth $308,373,000 after buying an additional 18,852 shares during the period. Captrust Financial Advisors grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the 3rd quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock valued at $57,634,000 after purchasing an additional 30,976 shares during the last quarter. Independent Advisor Alliance acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $53,503,000. Orrstown Financial Services Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% in the fourth quarter. Orrstown Financial Services Inc. now owns 984,265 shares of the company’s stock valued at $53,377,000 after purchasing an additional 32,741 shares during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $44,315,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.2 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.82 on Thursday. The company’s fifty day moving average is $55.43 and its 200 day moving average is $54.57. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $46.79 and a twelve month high of $57.49. The stock has a market cap of $4.66 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02.

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.