Cetera Investment Advisers Lowers Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Cetera Investment Advisers cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 43.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 101,063 shares of the company’s stock after selling 77,671 shares during the quarter. Cetera Investment Advisers’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $5,481,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Balentine LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the fourth quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock valued at $308,373,000 after purchasing an additional 18,852 shares in the last quarter. Independent Advisor Alliance purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $53,503,000. Orrstown Financial Services Inc. lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the fourth quarter. Orrstown Financial Services Inc. now owns 984,265 shares of the company’s stock valued at $53,377,000 after purchasing an additional 32,741 shares in the last quarter. Mariner LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.7% during the fourth quarter. Mariner LLC now owns 865,906 shares of the company’s stock valued at $46,958,000 after purchasing an additional 31,018 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $44,315,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $55.68 on Wednesday. The company has a market capitalization of $4.76 billion, a PE ratio of 26.60 and a beta of 1.02. The business’s fifty day moving average is $52.77 and its 200 day moving average is $54.47. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $57.49.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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