Concord Wealth Partners Buys 1,429 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Concord Wealth Partners lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 38.8% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,112 shares of the company’s stock after purchasing an additional 1,429 shares during the period. Concord Wealth Partners’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $271,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Pineridge Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $25,000. Mather Group LLC. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after acquiring an additional 306 shares during the period. Thurston Springer Miller Herd & Titak Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth about $28,000. Toronto Dominion Bank bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $35,000. Finally, Lowe Wealth Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $47,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.40 on Tuesday. The stock’s 50 day simple moving average is $52.49 and its 200-day simple moving average is $52.18. The company has a market capitalization of $6.26 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.1083 per share. The ex-dividend date of this dividend was Monday, September 23rd.

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.