Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Bought by Herold Advisors Inc.

Herold Advisors Inc. grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.1% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 56,643 shares of the company’s stock after acquiring an additional 629 shares during the period. Herold Advisors Inc. owned about 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $2,912,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of OMFL. Bank of New York Mellon Corp lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 524.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,198,532 shares of the company’s stock valued at $100,781,000 after acquiring an additional 1,846,484 shares during the period. Orrstown Financial Services Inc. purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $33,261,000. LPL Financial LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% during the 3rd quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock worth $282,050,000 after purchasing an additional 595,535 shares in the last quarter. UBS Group AG increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 63.6% during the 3rd quarter. UBS Group AG now owns 1,140,994 shares of the company’s stock worth $52,303,000 after purchasing an additional 443,587 shares in the last quarter. Finally, J.P. Morgan Private Wealth Advisors LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 111.8% during the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 789,598 shares of the company’s stock worth $36,195,000 after purchasing an additional 416,799 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL opened at $52.39 on Friday. The stock has a market cap of $6.14 billion, a PE ratio of 21.86 and a beta of 0.94. The stock’s fifty day simple moving average is $52.83 and its 200 day simple moving average is $49.97.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a dividend of $0.2461 per share. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date was Monday, March 18th.

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.