Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Longview Financial Advisors Inc.

Longview Financial Advisors Inc. lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 260,525 shares of the company’s stock after selling 9,234 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 11.1% of Longview Financial Advisors Inc.’s holdings, making the stock its biggest holding. Longview Financial Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $14,128,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Fortis Group Advisors LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 70.0% during the third quarter. Fortis Group Advisors LLC now owns 29,445 shares of the company’s stock worth $1,560,000 after buying an additional 12,120 shares during the period. Silver Oak Securities Incorporated boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.6% during the 3rd quarter. Silver Oak Securities Incorporated now owns 148,379 shares of the company’s stock worth $7,827,000 after acquiring an additional 820 shares during the last quarter. Arkadios Wealth Advisors grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.5% during the 3rd quarter. Arkadios Wealth Advisors now owns 608,099 shares of the company’s stock worth $32,223,000 after acquiring an additional 31,531 shares in the last quarter. Concord Wealth Partners raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 38.8% in the third quarter. Concord Wealth Partners now owns 5,112 shares of the company’s stock valued at $271,000 after purchasing an additional 1,429 shares during the last quarter. Finally, Orrstown Financial Services Inc. lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% in the third quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock worth $50,421,000 after purchasing an additional 125,123 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 6.0 %

Shares of BATS:OMFL opened at $57.18 on Wednesday. The business’s 50 day simple moving average is $55.68 and its 200-day simple moving average is $53.90. The company has a market cap of $6.70 billion, a PE 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. Investors of record on Monday, December 23rd were paid a $0.0768 dividend. The ex-dividend date was Monday, December 23rd.

Invesco Russell 1000 Dynamic Multifactor ETF 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.