Elevation Capital Advisory LLC Increases Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Elevation Capital Advisory LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 24,733 shares of the company’s stock after buying an additional 1,532 shares during the period. Elevation Capital Advisory LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,341,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. GHP Investment Advisors Inc. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $27,000. Farther Finance Advisors LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after purchasing an additional 264 shares during the last quarter. Golden State Wealth Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $72,000. Empirical Asset Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $222,000. Finally, International Assets Investment Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $54.53 on Friday. The company has a 50-day moving average of $55.75 and a 200-day moving average of $54.37. The stock has a market capitalization of $4.78 billion, a price-to-earnings ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.0768 dividend. The ex-dividend date of this dividend 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.