Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Bank of New York Mellon Corp

Bank of New York Mellon Corp lowered its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 24.2% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,260,372 shares of the company’s stock after selling 721,952 shares during the quarter. Bank of New York Mellon Corp owned 1.93% of Invesco Russell 1000 Dynamic Multifactor ETF worth $122,580,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. 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 acquiring an additional 264 shares during the period. White Pine Investment CO lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% in the third quarter. White Pine Investment CO now owns 124,927 shares of the company’s stock valued at $6,620,000 after acquiring an additional 1,141 shares during the period. Elios Financial Group Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $2,438,000. Y Intercept Hong Kong Ltd acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $654,000. Finally, CreativeOne Wealth LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% in the third quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock valued at $1,260,000 after acquiring an additional 1,796 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 4.4 %

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $56.30 on Friday. The firm has a 50 day simple moving average of $55.74 and a two-hundred day simple moving average of $54.28. The firm has a market capitalization of $4.93 billion, a P/E ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a $0.0768 dividend. The ex-dividend date was Monday, December 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.