Cetera Investment Advisers Has $14.51 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Cetera Investment Advisers grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 608.7% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 262,703 shares of the company’s stock after purchasing an additional 225,633 shares during the period. Cetera Investment Advisers’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $14,509,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in OMFL. Pineridge Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at about $25,000. Capital Investment Advisory Services LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% in the 1st quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock valued at $51,000 after purchasing an additional 662 shares during the last quarter. Security National Bank bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $58,000. Parallel Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $60,000. Finally, CWM LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $61,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.8 %

OMFL opened at $49.03 on Friday. The company has a market capitalization of $5.74 billion, a P/E ratio of 21.45 and a beta of 0.94. The firm has a fifty day moving average of $51.93 and a two-hundred day moving average of $52.21.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.2324 per share. The ex-dividend date was Monday, June 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.