Financial Designs Corp Lowers Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Financial Designs Corp reduced its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 237,468 shares of the company’s stock after selling 5,816 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 8.5% of Financial Designs Corp’s portfolio, making the stock its 3rd largest holding. Financial Designs Corp owned 0.20% of Invesco Russell 1000 Dynamic Multifactor ETF worth $12,878,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in the business. Flagstar Advisors Inc. raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 13,684 shares of the company’s stock worth $725,000 after purchasing an additional 227 shares during the period. Farther Finance Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after buying an additional 264 shares in the last quarter. Mather Group LLC. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after buying an additional 306 shares during the period. Mercer Global Advisors Inc. ADV lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.2% during the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 4,363 shares of the company’s stock valued at $229,000 after buying an additional 366 shares in the last quarter. Finally, Muirfield Wealth Advisors LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.9% during the 3rd quarter. Muirfield Wealth Advisors LLC now owns 20,486 shares of the company’s stock valued at $1,086,000 after acquiring an additional 377 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $56.21 on Friday. The company has a market cap of $6.58 billion, a PE ratio of 21.45 and a beta of 0.94. The business’s 50 day moving average price is $55.15 and its 200 day moving average price is $53.09.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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