Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Purchased by ORG Partners LLC

ORG Partners LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 21.7% during the 4th quarter, HoldingsChannel reports. The institutional investor owned 73,276 shares of the company’s stock after purchasing an additional 13,080 shares during the quarter. ORG Partners LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $3,974,000 at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Balentine LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the 3rd quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock worth $300,323,000 after acquiring an additional 964,398 shares in the last quarter. Captrust Financial Advisors raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the third quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock worth $57,634,000 after purchasing an additional 30,976 shares during the last quarter. Orrstown Financial Services Inc. boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% during the third quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock worth $50,421,000 after purchasing an additional 125,123 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.2% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 746,708 shares of the company’s stock valued at $39,195,000 after buying an additional 16,361 shares in the last quarter. Finally, Arkadios Wealth Advisors boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 608,099 shares of the company’s stock worth $32,223,000 after buying an additional 31,531 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL traded up $0.17 during trading hours on Friday, reaching $54.56. The company’s stock had a trading volume of 494,353 shares. The business’s fifty day moving average price is $55.07 and its 200-day moving average price is $52.91. The company has a market cap of $6.39 billion, a PE 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, December 27th. Shareholders of record on Monday, December 23rd were issued a dividend of $0.0768 per share. The ex-dividend date was Monday, December 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.