PFG Advisors Buys 3,280 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

PFG Advisors raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.9% during the 4th quarter, Holdings Channel reports. The fund owned 50,620 shares of the company’s stock after purchasing an additional 3,280 shares during the period. PFG Advisors’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,745,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of OMFL. GHP Investment Advisors Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $27,000. Farther Finance Advisors LLC boosted its position in shares of 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 worth $44,000 after purchasing an additional 264 shares in the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $72,000. Empirical Asset Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $222,000. Finally, International Assets Investment Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $52.95 on Thursday. The firm has a market cap of $4.64 billion, a PE ratio of 27.81 and a beta of 1.02. The stock has a fifty day simple moving average of $55.64 and a two-hundred day simple moving average of $54.44.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0768 per share. 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.