Raymond James Financial Inc. Purchases New Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Raymond James Financial Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 817,171 shares of the company’s stock, valued at approximately $44,315,000. Raymond James Financial Inc. owned 0.70% of Invesco Russell 1000 Dynamic Multifactor ETF at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of OMFL. Farther Finance Advisors LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares during the period. Atria Investments Inc boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 7.4% during the 3rd quarter. Atria Investments Inc now owns 10,019 shares of the company’s stock worth $531,000 after acquiring an additional 693 shares during the last quarter. Axxcess Wealth Management LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% during the 3rd quarter. Axxcess Wealth Management LLC now owns 37,509 shares of the company’s stock worth $1,988,000 after acquiring an additional 888 shares during the last quarter. Proactive Wealth Strategies LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth $2,806,000. Finally, Oppenheimer & Co. Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 101.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 50,445 shares of the company’s stock worth $2,673,000 after acquiring an additional 25,431 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 1.9 %

OMFL opened at $52.90 on Wednesday. The business’s 50-day moving average price is $55.64 and its two-hundred day moving average price is $54.44. The stock has a market cap of $4.64 billion, a P/E ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0768 per share. The ex-dividend date was Monday, December 23rd.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.