Concurrent Investment Advisors LLC Sells 26,986 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Concurrent Investment Advisors LLC lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 28.3% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 68,284 shares of the company’s stock after selling 26,986 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $3,618,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Balentine LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the 3rd quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after acquiring an additional 964,398 shares in the last quarter. Arizona PSPRS Trust acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at about $281,479,000. Bank of New York Mellon Corp grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the second quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock worth $160,751,000 after purchasing an additional 134,468 shares during the last quarter. Osaic Holdings Inc. increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the first quarter. Osaic Holdings Inc. now owns 1,785,501 shares of the company’s stock valued at $98,630,000 after buying an additional 78,946 shares during the period. Finally, Captrust Financial Advisors raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 1st quarter. Captrust Financial Advisors now owns 1,060,991 shares of the company’s stock valued at $58,599,000 after buying an additional 34,126 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 2.2 %

OMFL opened at $54.61 on Thursday. The stock’s fifty day simple moving average is $52.71 and its 200 day simple moving average is $52.26. The company has a market cap of $6.40 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were paid a $0.1083 dividend. The ex-dividend date of this dividend was Monday, September 23rd.

Invesco Russell 1000 Dynamic Multifactor ETF 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.