RPg Family Wealth Advisory LLC Takes Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

RPg Family Wealth Advisory LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the second quarter, HoldingsChannel reports. The firm bought 66,977 shares of the company’s stock, valued at approximately $3,516,000.

Several other hedge funds have also bought and sold shares of the business. Axxcess Wealth Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at $1,922,000. Perissos Private Wealth Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth $274,000. Arizona PSPRS Trust bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth $281,479,000. MGO One Seven LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1,009.5% in the 2nd quarter. MGO One Seven LLC now owns 51,960 shares of the company’s stock worth $2,727,000 after acquiring an additional 47,277 shares during the last quarter. Finally, Private Management Group Inc. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $245,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $52.19 on Wednesday. The stock’s fifty day simple moving average is $50.75 and its 200-day simple moving average is $52.28. The company has a market capitalization of $6.11 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 announced 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.

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.