Intelligence Driven Advisers LLC Sells 4,112 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Intelligence Driven Advisers LLC reduced its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.8% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 30,778 shares of the company’s stock after selling 4,112 shares during the quarter. Intelligence Driven Advisers LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,616,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the business. Pineridge Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $25,000. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $28,000. Lowe Wealth Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $47,000. Capital Investment Advisory Services LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock worth $51,000 after purchasing an additional 662 shares during the last quarter. Finally, Security National Bank bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL stock traded down $0.90 during trading hours on Friday, hitting $49.89. 413,748 shares of the stock were exchanged. The firm has a market cap of $5.84 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The firm has a 50 day moving average price of $50.80 and a 200-day moving average price of $52.27.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

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.