Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stock Position Trimmed by Alpha Financial Advisors LLC

Alpha Financial Advisors LLC trimmed its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.3% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 358,107 shares of the company’s stock after selling 32,379 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 8.8% of Alpha Financial Advisors LLC’s investment portfolio, making the stock its 6th largest position. Alpha Financial Advisors LLC owned 0.31% of Invesco Russell 1000 Dynamic Multifactor ETF worth $19,420,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Mather Group LLC. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after acquiring an additional 306 shares during the period. Toronto Dominion Bank bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $35,000. Farther Finance Advisors LLC lifted its holdings 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. Beaird Harris Wealth Management LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $108,000. Finally, EP Wealth Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $137,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 4.3 %

Shares of BATS:OMFL opened at $56.24 on Friday. The stock has a market capitalization of $6.59 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The stock’s 50 day moving average is $55.19 and its 200 day moving average is $53.14.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced 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 was Monday, December 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.