MONECO Advisors LLC Takes Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

MONECO Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the fourth quarter, Holdings Channel.com reports. The fund purchased 17,625 shares of the company’s stock, valued at approximately $956,000.

Several other large investors have also bought and sold shares of the stock. Balentine LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% in the 3rd quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock worth $300,323,000 after buying an additional 964,398 shares during the last quarter. Asset Allocation Strategies LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1,314.6% in the 3rd quarter. Asset Allocation Strategies LLC now owns 142,898 shares of the company’s stock worth $7,572,000 after buying an additional 132,796 shares during the last quarter. Orrstown Financial Services Inc. increased its holdings 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 buying an additional 125,123 shares during the last quarter. Financial Enhancement Group LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 46.7% in the fourth quarter. Financial Enhancement Group LLC now owns 327,677 shares of the company’s stock worth $17,642,000 after acquiring an additional 104,334 shares during the period. Finally, Centerpoint Advisory Group purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $4,863,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 3.9 %

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $56.02 on Monday. The company’s fifty day moving average is $55.71 and its 200 day moving average is $54.09. The company has a market cap of $6.56 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were paid a $0.0768 dividend. The ex-dividend date of this dividend 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.