Great Valley Advisor Group Inc. Buys 5,220 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Great Valley Advisor Group Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 65.8% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 13,155 shares of the company’s stock after acquiring an additional 5,220 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $690,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in OMFL. Wealthcare Advisory Partners LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 96.9% during the 4th quarter. Wealthcare Advisory Partners LLC now owns 38,301 shares of the company’s stock worth $1,969,000 after purchasing an additional 18,847 shares during the last quarter. Western Wealth Management LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.1% during the fourth quarter. Western Wealth Management LLC now owns 89,851 shares of the company’s stock valued at $4,619,000 after buying an additional 7,493 shares during the period. Waller Financial Planning Group Inc. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 16.1% in the first quarter. Waller Financial Planning Group Inc. now owns 506,555 shares of the company’s stock worth $27,977,000 after purchasing an additional 70,372 shares during the period. Sage Advisory Services Ltd.Co. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $7,422,000. Finally, Private Advisor Group LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.3% in the fourth quarter. Private Advisor Group LLC now owns 747,246 shares of the company’s stock worth $38,416,000 after purchasing an additional 57,484 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock traded up $0.72 during midday trading on Wednesday, reaching $50.15. 352,757 shares of the company traded hands. The company’s 50 day simple moving average is $51.29 and its 200 day simple moving average is $52.18. The stock has a market cap of $5.87 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.2324 per share. The ex-dividend date was 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.