Gladstone Institutional Advisory LLC Reduces Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Gladstone Institutional Advisory LLC trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 180,118 shares of the company’s stock after selling 6,041 shares during the quarter. Gladstone Institutional Advisory LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $9,768,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently made changes to their positions in the business. Balentine LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% in the 4th quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock worth $308,373,000 after purchasing an additional 18,852 shares during the period. Captrust Financial Advisors raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the third quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock worth $57,634,000 after acquiring an additional 30,976 shares during the period. Orrstown Financial Services Inc. lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the fourth quarter. Orrstown Financial Services Inc. now owns 984,265 shares of the company’s stock valued at $53,377,000 after purchasing an additional 32,741 shares in the last quarter. Arkadios Wealth Advisors grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6.3% in the fourth quarter. Arkadios Wealth Advisors now owns 646,707 shares of the company’s stock valued at $35,071,000 after purchasing an additional 38,608 shares during the period. Finally, Waller Financial Planning Group Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the 4th quarter. Waller Financial Planning Group Inc. now owns 552,680 shares of the company’s stock worth $29,972,000 after purchasing an additional 15,740 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 5.7 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $57.02 on Wednesday. The firm has a market capitalization of $6.68 billion, a PE ratio of 21.45 and a beta of 0.94. The firm’s 50 day moving average price is $55.56 and its 200 day moving average price is $53.64.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.0768 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.