Private Advisor Group LLC Sells 60,848 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Private Advisor Group LLC cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.5% during the 2nd quarter, HoldingsChannel reports. The institutional investor owned 656,682 shares of the company’s stock after selling 60,848 shares during the period. Private Advisor Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $34,469,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Pineridge Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $28,000. Lowe Wealth Advisors LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $47,000. Capital Investment Advisory Services LLC raised its holdings 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 period. Finally, Security National Bank bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $49.89 on Friday. The firm has a 50-day moving average price of $50.80 and a 200-day moving average price of $52.27. The company has a market cap of $5.84 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

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.