PFG Advisors Has $2.51 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

PFG Advisors raised its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.4% in the third quarter, HoldingsChannel reports. The fund owned 47,340 shares of the company’s stock after purchasing an additional 4,840 shares during the quarter. PFG Advisors’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,509,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of OMFL. Pineridge Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at $25,000. Mather Group LLC. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after buying an additional 306 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth about $28,000. Toronto Dominion Bank acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $35,000. Finally, Lowe Wealth Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $47,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $53.73 on Thursday. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The business’s 50 day moving average is $51.97 and its 200 day moving average is $52.22.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.1083 per share. The ex-dividend date was Monday, September 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.