Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Holdings Lowered by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC trimmed its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 59.8% during the fourth quarter, Holdings Channel reports. The institutional investor owned 224,399 shares of the company’s stock after selling 333,159 shares during the period. Commonwealth Equity Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $12,169,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Avantax Advisory Services Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 46.9% during the 4th quarter. Avantax Advisory Services Inc. now owns 40,138 shares of the company’s stock worth $2,177,000 after buying an additional 12,810 shares in the last quarter. PFG Advisors raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6.9% during the 4th quarter. PFG Advisors now owns 50,620 shares of the company’s stock worth $2,745,000 after buying an additional 3,280 shares in the last quarter. HighTower Advisors LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% during the 4th quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock worth $2,305,000 after buying an additional 4,822 shares in the last quarter. Independent Advisor Alliance acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $53,503,000. Finally, Sowell Financial Services LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $867,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $52.93 on Wednesday. The firm’s 50 day moving average is $55.49 and its 200-day moving average is $54.48. The stock has a market capitalization of $4.58 billion, a P/E ratio of 26.44 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $57.49.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid 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.