Rooted Wealth Advisors Inc. Has $4.52 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Rooted Wealth Advisors Inc. trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 71.0% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 83,039 shares of the company’s stock after selling 203,617 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up 1.8% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 15th biggest holding. Rooted Wealth Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $4,516,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently added to or reduced their stakes in OMFL. PFG Advisors raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% in the third quarter. PFG Advisors now owns 47,340 shares of the company’s stock valued at $2,509,000 after buying an additional 4,840 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after acquiring an additional 264 shares in the last quarter. Sanctuary Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $412,000. Triad Wealth Partners LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the 3rd quarter. Triad Wealth Partners LLC now owns 244,610 shares of the company’s stock valued at $12,962,000 after acquiring an additional 2,839 shares during the period. Finally, Good Life Advisors LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 18.4% during the 3rd quarter. Good Life Advisors LLC now owns 11,398 shares of the company’s stock worth $604,000 after purchasing an additional 1,770 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL stock opened at $57.48 on Friday. The company has a 50 day moving average of $55.60 and a 200-day moving average of $53.69. The firm has a market capitalization of $6.73 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced 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.

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.