Able Wealth Management LLC Sells 12,182 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Able Wealth Management LLC cut its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 43.7% in the third quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 15,676 shares of the company’s stock after selling 12,182 shares during the quarter. Able Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $831,000 at the end of the most recent reporting period.

Other hedge funds have also modified their holdings of the company. Balentine LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the third quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock worth $300,323,000 after purchasing an additional 964,398 shares in the last quarter. Fox Financial Inc grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.4% during the 3rd quarter. Fox Financial Inc now owns 103,944 shares of the company’s stock worth $5,508,000 after buying an additional 413 shares during the last quarter. White Pine Investment CO grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% during the 3rd quarter. White Pine Investment CO now owns 124,927 shares of the company’s stock worth $6,620,000 after buying an additional 1,141 shares during the last quarter. Farther Finance Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after buying an additional 264 shares in the last quarter. Finally, Goldstone Financial Group LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at about $239,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS OMFL opened at $55.53 on Friday. The firm has a market capitalization of $6.50 billion, a P/E ratio of 21.45 and a beta of 0.94. The business has a fifty day simple moving average of $52.84 and a 200-day simple moving average of $52.31.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently announced 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 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.