Colonial River Investments LLC Has $2 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Colonial River Investments LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.8% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 37,730 shares of the company’s stock after acquiring an additional 1,035 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 1.0% of Colonial River Investments LLC’s holdings, making the stock its 27th largest position. Colonial River Investments LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,999,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of OMFL. Axxcess Wealth Management LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% in the 3rd quarter. Axxcess Wealth Management LLC now owns 37,509 shares of the company’s stock worth $1,988,000 after purchasing an additional 888 shares in the last quarter. Atria Investments Inc lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 7.4% in the third quarter. Atria Investments Inc now owns 10,019 shares of the company’s stock valued at $531,000 after buying an additional 693 shares in the last quarter. Balentine LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the third quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after buying an additional 964,398 shares during the last quarter. Fox Financial Inc increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.4% during the third quarter. Fox Financial Inc now owns 103,944 shares of the company’s stock worth $5,508,000 after acquiring an additional 413 shares in the last quarter. Finally, White Pine Investment CO raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% in the 3rd quarter. White Pine Investment CO now owns 124,927 shares of the company’s stock worth $6,620,000 after acquiring an additional 1,141 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL stock opened at $55.53 on Friday. The company’s 50-day moving average is $52.84 and its 200-day moving average is $52.30. The firm has a market cap of $6.50 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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