Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators lowered its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 791,398 shares of the company’s stock after selling 26,389 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 21.3% of Deseret Mutual Benefit Administrators’ investment portfolio, making the stock its largest holding. Deseret Mutual Benefit Administrators’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $41,936,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of OMFL. Geneos Wealth Management Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 12.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,302 shares of the company’s stock valued at $127,000 after purchasing an additional 246 shares during the period. Envestnet Portfolio Solutions Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 101.8% during the 1st quarter. Envestnet Portfolio Solutions Inc. now owns 24,608 shares of the company’s stock worth $1,359,000 after acquiring an additional 12,416 shares during the last quarter. PFG Advisors boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% during the 1st quarter. PFG Advisors now owns 43,747 shares of the company’s stock worth $2,416,000 after acquiring an additional 4,975 shares during the last quarter. Oppenheimer & Co. Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 54.5% during the 1st quarter. Oppenheimer & Co. Inc. now owns 15,470 shares of the company’s stock worth $854,000 after acquiring an additional 5,454 shares during the last quarter. Finally, 49 Wealth Management LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% during the 1st quarter. 49 Wealth Management LLC now owns 12,063 shares of the company’s stock worth $662,000 after acquiring an additional 912 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 2.2 %

OMFL opened at $54.61 on Thursday. The stock has a market cap of $6.40 billion, a P/E ratio of 21.45 and a beta of 0.94. The business’s 50-day moving average price is $52.71 and its two-hundred day moving average price is $52.26.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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