49 Wealth Management LLC Has $662,000 Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

49 Wealth Management LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.2% in the 1st quarter, according to its most recent filing with the SEC. The fund owned 12,063 shares of the company’s stock after purchasing an additional 912 shares during the period. 49 Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $662,000 as of its most recent filing with the SEC.

Several other hedge funds have also bought and sold shares of the company. Capital Investment Advisory Services LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the first quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock worth $51,000 after acquiring an additional 662 shares during the last quarter. Security National Bank acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $58,000. Parallel Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $60,000. CWM LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $61,000. Finally, Householder Group Estate & Retirement Specialist LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5,419.2% in the fourth quarter. Householder Group Estate & Retirement Specialist LLC now owns 1,435 shares of the company’s stock valued at $73,000 after buying an additional 1,409 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.5 %

Shares of BATS OMFL traded up $0.26 during midday trading on Friday, reaching $51.47. The company’s stock had a trading volume of 632,821 shares. The stock’s fifty day moving average price is $53.02 and its 200 day moving average price is $52.24. The firm has a market cap of $6.03 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were given a $0.2324 dividend. The ex-dividend date of this dividend was Monday, June 24th.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.