ERn Financial LLC Buys 9,131 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

ERn Financial LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 427,178 shares of the company’s stock after purchasing an additional 9,131 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 4.0% of ERn Financial LLC’s investment portfolio, making the stock its 4th largest holding. ERn Financial LLC owned 0.46% of Invesco Russell 1000 Dynamic Multifactor ETF worth $21,026,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors have also modified their holdings of the stock. Private Trust Co. NA raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.5% during the third quarter. Private Trust Co. NA now owns 9,428 shares of the company’s stock valued at $432,000 after purchasing an additional 229 shares in the last quarter. Cozad Asset Management Inc. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the third quarter. Cozad Asset Management Inc. now owns 77,305 shares of the company’s stock valued at $3,544,000 after purchasing an additional 263 shares in the last quarter. Assetmark Inc. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.7% during the third quarter. Assetmark Inc. now owns 3,712 shares of the company’s stock valued at $170,000 after purchasing an additional 296 shares in the last quarter. Defined Wealth Management LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the fourth quarter. Defined Wealth Management LLC now owns 39,642 shares of the company’s stock worth $2,038,000 after acquiring an additional 302 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the first quarter. Bank of New York Mellon Corp now owns 39,855 shares of the company’s stock worth $1,853,000 after acquiring an additional 307 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.6 %

BATS:OMFL traded up $0.31 during mid-day trading on Friday, reaching $55.23. 346,550 shares of the stock were exchanged. The business’s fifty day moving average price is $51.87 and its two-hundred day moving average price is $49.07. The company has a market cap of $5.16 billion, a price-to-earnings ratio of 11.24 and a beta of 0.98.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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

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.