Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Holdings Lifted by LWM Advisory Services LLC

LWM Advisory Services LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 14.1% during the fourth quarter, Holdings Channel reports. The institutional investor owned 449,371 shares of the company’s stock after purchasing an additional 55,483 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 20.3% of LWM Advisory Services LLC’s holdings, making the stock its largest holding. LWM Advisory Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $23,102,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Baystate Wealth Management LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the 4th quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock valued at $62,325,000 after buying an additional 39,325 shares during the last quarter. Raymond James & Associates raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.1% during the 4th quarter. Raymond James & Associates now owns 611,001 shares of the company’s stock valued at $31,412,000 after purchasing an additional 114,465 shares during the period. Western Wealth Management LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.1% during the 4th quarter. Western Wealth Management LLC now owns 89,851 shares of the company’s stock valued at $4,619,000 after purchasing an additional 7,493 shares during the period. Cornerstone Wealth Management LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% during the 4th quarter. Cornerstone Wealth Management LLC now owns 26,675 shares of the company’s stock valued at $1,371,000 after purchasing an additional 418 shares during the period. Finally, Crestwood Advisors Group LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $422,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.7 %

Shares of BATS:OMFL traded up $0.37 during midday trading on Monday, reaching $52.76. 222,073 shares of the company traded hands. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 21.86 and a beta of 0.94. The business’s 50 day moving average price is $52.86 and its two-hundred day moving average price is $50.07.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Investors of record on Tuesday, March 19th were paid a dividend of $0.2461 per share. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, March 18th.

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.