Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Apollon Wealth Management LLC

Apollon Wealth Management LLC trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 84.1% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 66,301 shares of the company’s stock after selling 349,469 shares during the quarter. Apollon Wealth Management LLC owned 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,513,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Ashton Thomas Securities LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 58.5% during the third quarter. Ashton Thomas Securities LLC now owns 170,415 shares of the company’s stock worth $9,030,000 after buying an additional 62,910 shares during the period. Colonial River Investments LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.8% in the 3rd quarter. Colonial River Investments LLC now owns 37,730 shares of the company’s stock worth $1,999,000 after acquiring an additional 1,035 shares during the last quarter. Axxcess Wealth Management LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% during 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 during the period. Atria Investments Inc increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 7.4% in the 3rd quarter. Atria Investments Inc now owns 10,019 shares of the company’s stock valued at $531,000 after purchasing an additional 693 shares during the last quarter. Finally, Balentine LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% in the third quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after purchasing an additional 964,398 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL opened at $55.28 on Wednesday. The stock’s 50 day moving average price is $52.99 and its two-hundred day moving average price is $52.34. The stock has a market capitalization of $6.48 billion, a price-to-earnings 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, September 27th. Investors of record on Monday, September 23rd were issued 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.