Financial Enhancement Group LLC Has $13.67 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Financial Enhancement Group LLC lessened its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.4% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 261,588 shares of the company’s stock after selling 3,606 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 2.2% of Financial Enhancement Group LLC’s portfolio, making the stock its 9th largest holding. Financial Enhancement Group LLC owned 0.28% of Invesco Russell 1000 Dynamic Multifactor ETF worth $13,671,000 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. NBC Securities Inc. lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.7% during the 1st quarter. NBC Securities Inc. now owns 5,431 shares of the company’s stock worth $299,000 after buying an additional 194 shares during the last quarter. Kestra Private Wealth Services LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 5,924 shares of the company’s stock worth $305,000 after buying an additional 234 shares during the last quarter. PFG Advisors lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.7% during the 4th quarter. PFG Advisors now owns 38,772 shares of the company’s stock worth $1,993,000 after buying an additional 278 shares during the last quarter. Defined Wealth Management LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the 4th quarter. Defined Wealth Management LLC now owns 39,642 shares of the company’s stock worth $2,038,000 after buying an additional 302 shares during the last quarter. Finally, Capital Analysts LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the 4th quarter. Capital Analysts LLC now owns 32,457 shares of the company’s stock worth $1,669,000 after buying an additional 386 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock traded down $0.22 during midday trading on Wednesday, hitting $52.34. The company’s stock had a trading volume of 389,296 shares. The company has a fifty day simple moving average of $53.11 and a 200-day simple moving average of $52.16. The company has a market capitalization of $6.13 billion, a P/E 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 will be paid on Friday, June 28th. Stockholders of record on Monday, June 24th will be given a $0.2324 dividend. The ex-dividend date of this dividend is Monday, June 24th.

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.