Sequent Planning LLC Sells 1,243 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Sequent Planning LLC decreased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.4% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,256 shares of the company’s stock after selling 1,243 shares during the quarter. Sequent Planning LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,478,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Independent Advisor Alliance purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $53,503,000. Raymond James Financial Inc. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $44,315,000. Daner Wealth Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $16,213,000. Asset Allocation Strategies LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1,314.6% during the 3rd quarter. Asset Allocation Strategies LLC now owns 142,898 shares of the company’s stock worth $7,572,000 after purchasing an additional 132,796 shares during the last quarter. Finally, Financial Enhancement Group LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 46.7% during the 4th quarter. Financial Enhancement Group LLC now owns 327,677 shares of the company’s stock worth $17,642,000 after purchasing an additional 104,334 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $53.32 on Monday. The stock has a market capitalization of $4.62 billion, a P/E ratio of 26.44 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $46.79 and a 1-year high of $57.49. The business has a fifty day moving average price of $55.42 and a 200 day moving average price of $54.52.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a dividend of $0.1166 per share. This is a boost from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date is Monday, March 24th.

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.