Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Purchased by Magnolia Capital Advisors LLC

Magnolia Capital Advisors LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 14,676 shares of the company’s stock after acquiring an additional 609 shares during the period. Magnolia Capital Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $747,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently made changes to their positions in OMFL. Baystate Wealth Management LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the fourth quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock worth $62,325,000 after buying an additional 39,325 shares during the last quarter. Raymond James & Associates boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 23.1% during the fourth quarter. Raymond James & Associates now owns 611,001 shares of the company’s stock worth $31,412,000 after buying an additional 114,465 shares during the last quarter. Western Wealth Management LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 9.1% during the fourth quarter. Western Wealth Management LLC now owns 89,851 shares of the company’s stock worth $4,619,000 after buying an additional 7,493 shares during the last quarter. Cornerstone Wealth Management LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% during the fourth quarter. Cornerstone Wealth Management LLC now owns 26,675 shares of the company’s stock worth $1,371,000 after buying an additional 418 shares during the last quarter. Finally, Crestwood Advisors Group LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $422,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.2 %

BATS:OMFL traded up $0.08 on Wednesday, reaching $52.60. The company’s stock had a trading volume of 358,288 shares. The firm has a market capitalization of $6.16 billion, a price-to-earnings ratio of 21.86 and a beta of 0.94. The company has a 50-day moving average of $52.77 and a 200 day moving average of $49.94.

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. The ex-dividend date of this dividend was Monday, March 18th. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21.

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.