Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stock Holdings Lessened by Smart Money Group LLC

Smart Money Group LLC reduced its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 27.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 14,241 shares of the company’s stock after selling 5,306 shares during the period. Smart Money Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $732,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. LPL Financial LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% in the third quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock valued at $282,050,000 after buying an additional 595,535 shares during the period. HBK Sorce Advisory LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.1% during the third quarter. HBK Sorce Advisory LLC now owns 2,730,326 shares of the company’s stock worth $125,158,000 after acquiring an additional 29,788 shares in the last quarter. Bank of New York Mellon Corp lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 524.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,198,532 shares of the company’s stock valued at $100,781,000 after acquiring an additional 1,846,484 shares in the last quarter. Baystate Wealth Management LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the 4th quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock worth $62,325,000 after acquiring an additional 39,325 shares during the period. Finally, UBS Group AG grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 63.6% during the 3rd quarter. UBS Group AG now owns 1,140,994 shares of the company’s stock valued at $52,303,000 after purchasing an additional 443,587 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 1.0 %

Shares of OMFL traded up $0.54 during mid-day trading on Thursday, hitting $52.34. 317,729 shares of the company’s stock traded hands. The stock has a market cap of $6.13 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The business has a 50-day simple moving average of $52.93 and a 200-day simple moving average of $50.18.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were given a $0.2461 dividend. The ex-dividend date of this dividend was Monday, March 18th. This is a boost 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.