Axxcess Wealth Management LLC Acquires 32,038 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Axxcess Wealth Management LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 85.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 69,547 shares of the company’s stock after purchasing an additional 32,038 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $3,772,000 at the end of the most recent reporting period.

Other large investors also recently added to or reduced their stakes in the company. Independent Advisor Alliance purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at approximately $53,503,000. Raymond James Financial Inc. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $44,315,000. Daner Wealth Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $16,213,000. Asset Allocation Strategies LLC increased its holdings in 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 valued at $7,572,000 after acquiring an additional 132,796 shares during the last quarter. Finally, Financial Enhancement Group LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 46.7% in the 4th quarter. Financial Enhancement Group LLC now owns 327,677 shares of the company’s stock worth $17,642,000 after purchasing an additional 104,334 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 1.8 %

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $52.93 on Wednesday. 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 $55.49 and a 200-day moving average price of $54.48. The firm has a market cap of $4.58 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid 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.