649,367 Shares in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Purchased by LM Advisors LLC

LM Advisors LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor purchased 649,367 shares of the company’s stock, valued at approximately $33,384,000. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 6.5% of LM Advisors LLC’s investment portfolio, making the stock its 2nd largest holding. LM Advisors LLC owned about 0.70% of Invesco Russell 1000 Dynamic Multifactor ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Security National Bank bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $58,000. Cetera Advisor Networks LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 18.8% in the 4th quarter. Cetera Advisor Networks LLC now owns 219,875 shares of the company’s stock worth $11,304,000 after acquiring an additional 34,855 shares in the last quarter. Trademark Financial Management LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $403,000. ORBA Wealth Advisors L.L.C. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $2,975,000. Finally, Avestar Capital LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.7% during the fourth quarter. Avestar Capital LLC now owns 112,172 shares of the company’s stock valued at $5,767,000 after acquiring an additional 21,484 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.8 %

BATS:OMFL traded down $0.43 during midday trading on Tuesday, hitting $52.67. The stock had a trading volume of 274,864 shares. The company’s 50 day simple moving average is $53.19 and its 200-day simple moving average is $51.80. The stock has a market capitalization of $6.17 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were issued a $0.2461 dividend. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, March 18th.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.