Silver Oak Securities Incorporated Has $7.16 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Silver Oak Securities Incorporated increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.9% in the 4th quarter, Holdings Channel reports. The firm owned 139,327 shares of the company’s stock after purchasing an additional 7,730 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 1.0% of Silver Oak Securities Incorporated’s holdings, making the stock its 20th biggest position. Silver Oak Securities Incorporated’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $7,163,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. AE Wealth Management LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 28.1% in the 3rd quarter. AE Wealth Management LLC now owns 10,552 shares of the company’s stock worth $484,000 after buying an additional 2,314 shares during the period. Golden State Equity Partners increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 21.6% in the 3rd quarter. Golden State Equity Partners now owns 15,004 shares of the company’s stock worth $688,000 after buying an additional 2,670 shares during the period. Commonwealth Equity Services LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 40.9% in the 3rd quarter. Commonwealth Equity Services LLC now owns 224,232 shares of the company’s stock worth $10,279,000 after buying an additional 65,033 shares during the period. Cambridge Investment Research Advisors Inc. increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 7.7% in the 3rd quarter. Cambridge Investment Research Advisors Inc. now owns 1,117,439 shares of the company’s stock worth $51,223,000 after buying an additional 80,275 shares during the period. Finally, Kingswood Wealth Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 3rd quarter worth approximately $611,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.2 %

BATS OMFL traded up $0.09 during trading on Friday, hitting $52.39. The company’s stock had a trading volume of 273,541 shares. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 21.86 and a beta of 0.94. The business’s 50 day moving average is $52.86 and its 200 day moving average is $50.07.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.2461 dividend. This is a boost 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.