Milestone Investment Advisors LLC Trims Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Milestone Investment Advisors LLC trimmed its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 42.3% during the 4th quarter, Holdings Channel.com reports. The firm owned 45,121 shares of the company’s stock after selling 33,042 shares during the period. Milestone Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,447,000 as of its most recent filing with the SEC.

Several other hedge funds also recently added to or reduced their stakes in OMFL. US Bancorp DE increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.3% during the 4th quarter. US Bancorp DE now owns 7,252 shares of the company’s stock valued at $393,000 after purchasing an additional 1,014 shares in the last quarter. HighTower Advisors LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% in the fourth quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock valued at $2,305,000 after buying an additional 4,822 shares in the last quarter. Y Intercept Hong Kong Ltd purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $654,000. Assetmark Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.9% in the fourth quarter. Assetmark Inc. now owns 4,527 shares of the company’s stock worth $245,000 after acquiring an additional 656 shares during the period. Finally, LM Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 7.8% during the 4th quarter. LM Advisors LLC now owns 625,537 shares of the company’s stock worth $33,921,000 after acquiring an additional 45,031 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.2 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.81 on Thursday. The firm has a market cap of $4.64 billion, a PE ratio of 26.53 and a beta of 1.03. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $46.79 and a twelve month high of $57.49. The business has a 50-day moving average price of $55.24 and a 200 day moving average price of $54.64.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The firm also recently announced a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were paid a dividend of $0.1166 per share. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 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.