Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) is Financial Enhancement Group LLC’s 8th Largest Position

Financial Enhancement Group LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 46.7% during the fourth quarter, Holdings Channel.com reports. The fund owned 327,677 shares of the company’s stock after buying an additional 104,334 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 2.7% of Financial Enhancement Group LLC’s investment portfolio, making the stock its 8th largest holding. Financial Enhancement Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $17,642,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Axxcess Wealth Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $1,922,000. RPg Family Wealth Advisory LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth $3,516,000. Mercer Global Advisors Inc. ADV increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 9.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 4,363 shares of the company’s stock valued at $229,000 after acquiring an additional 366 shares during the last quarter. Glass Jacobson Investment Advisors llc raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 21.8% during the second quarter. Glass Jacobson Investment Advisors llc now owns 9,129 shares of the company’s stock valued at $479,000 after purchasing an additional 1,634 shares in the last quarter. Finally, Thrivent Financial for Lutherans raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 11.8% during the second quarter. Thrivent Financial for Lutherans now owns 350,493 shares of the company’s stock valued at $18,397,000 after purchasing an additional 37,043 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $54.75 on Thursday. The stock has a market cap of $6.41 billion, a PE ratio of 21.45 and a beta of 0.94. The business has a 50-day moving average price of $55.12 and a 200-day moving average price of $52.95.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, December 27th. Shareholders 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.