Milestone Investment Advisors LLC Sells 96,661 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Milestone Investment Advisors LLC lowered its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 55.3% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 78,163 shares of the company’s stock after selling 96,661 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 1.2% of Milestone Investment Advisors LLC’s holdings, making the stock its 27th biggest holding. Milestone Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $4,142,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of OMFL. PFG Advisors boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% in the 3rd quarter. PFG Advisors now owns 47,340 shares of the company’s stock valued at $2,509,000 after buying an additional 4,840 shares during the last quarter. Envestnet Portfolio Solutions Inc. boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 101.8% during the first quarter. Envestnet Portfolio Solutions Inc. now owns 24,608 shares of the company’s stock worth $1,359,000 after purchasing an additional 12,416 shares in the last quarter. Crestwood Advisors Group LLC increased its stake 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 purchasing an additional 2,194 shares in the last quarter. Sanctuary Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $412,000. Finally, Cetera Investment Advisers raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% in the 1st quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock valued at $14,509,000 after buying an additional 225,633 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 1.3 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.40 on Wednesday. The company has a market cap of $6.26 billion, a PE ratio of 21.45 and a beta of 0.94. The business’s 50-day moving average is $52.65 and its 200 day moving average is $52.24.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Stockholders 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.