Spinnaker Trust Has $398,000 Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Spinnaker Trust decreased its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 56.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 7,519 shares of the company’s stock after selling 9,858 shares during the period. Spinnaker Trust’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $398,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Pineridge Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at $25,000. Mather Group LLC. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after buying an additional 306 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth about $28,000. Toronto Dominion Bank acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $35,000. Finally, Farther Finance Advisors LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after acquiring an additional 264 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 2.2 %

Shares of OMFL opened at $54.61 on Thursday. The company has a market capitalization of $6.40 billion, a PE ratio of 21.45 and a beta of 0.94. The business’s 50 day simple moving average is $52.71 and its 200-day simple moving average is $52.26.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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