Avestar Capital LLC Sells 22,295 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Avestar Capital LLC reduced its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.5% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 172,348 shares of the company’s stock after selling 22,295 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 0.9% of Avestar Capital LLC’s investment portfolio, making the stock its 20th biggest position. Avestar Capital LLC owned 0.15% of Invesco Russell 1000 Dynamic Multifactor ETF worth $9,133,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. PFG Advisors boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% in the third quarter. PFG Advisors now owns 47,340 shares of the company’s stock worth $2,509,000 after purchasing an additional 4,840 shares in the last quarter. Farther Finance Advisors LLC grew 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 worth $44,000 after acquiring an additional 264 shares during the last quarter. Crestwood Advisors Group LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the 2nd quarter. Crestwood Advisors Group LLC now owns 15,524 shares of the company’s stock worth $815,000 after acquiring an additional 2,194 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $412,000. Finally, Cetera Investment Advisers lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% during the first quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock worth $14,509,000 after purchasing an additional 225,633 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.3 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $54.97 on Tuesday. The firm has a fifty day moving average of $53.59 and a 200 day moving average of $52.45. The firm has a market capitalization of $6.44 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 declared a dividend, which was paid on Friday, September 27th. Shareholders 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.