Alpha Financial Advisors LLC Sells 18,513 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Alpha Financial Advisors LLC reduced its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.5% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 390,486 shares of the company’s stock after selling 18,513 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 9.2% of Alpha Financial Advisors LLC’s holdings, making the stock its 6th largest holding. Alpha Financial Advisors LLC owned about 0.33% of Invesco Russell 1000 Dynamic Multifactor ETF worth $20,692,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in OMFL. Arizona PSPRS Trust acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $281,479,000. Commonwealth Equity Services LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 114.7% during the 1st quarter. Commonwealth Equity Services LLC now owns 545,133 shares of the company’s stock worth $30,108,000 after buying an additional 291,183 shares during the last quarter. Cetera Investment Advisers grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% during the 1st quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock worth $14,509,000 after buying an additional 225,633 shares during the last quarter. Bank of New York Mellon Corp grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the 2nd quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock worth $160,751,000 after buying an additional 134,468 shares during the last quarter. Finally, Brookstone Capital Management grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 31.4% during the 2nd quarter. Brookstone Capital Management now owns 452,509 shares of the company’s stock worth $23,055,000 after buying an additional 108,235 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL traded up $0.14 during trading on Friday, reaching $53.89. 210,955 shares of the company were exchanged. The firm has a market capitalization of $6.31 billion, a PE ratio of 21.45 and a beta of 0.94. The business’s 50 day moving average price is $52.16 and its 200 day moving average price is $52.22.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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