Proactive Wealth Strategies LLC Makes New $2.81 Million Investment in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Proactive Wealth Strategies LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 3rd quarter, Holdings Channel reports. The institutional investor acquired 52,951 shares of the company’s stock, valued at approximately $2,806,000. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 1.6% of Proactive Wealth Strategies LLC’s investment portfolio, making the stock its 17th biggest holding.

Other hedge funds have also recently bought and sold shares of the company. Pineridge Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at $25,000. Mather Group LLC. boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after purchasing an additional 306 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth approximately $28,000. Toronto Dominion Bank bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $35,000. Finally, Farther Finance Advisors LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after buying an additional 264 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.4 %

OMFL opened at $55.33 on Tuesday. The stock’s 50 day simple moving average is $52.90 and its two-hundred day simple moving average is $52.32. The firm has a market cap of $6.48 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed 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 was Monday, September 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.