Independent Advisor Alliance Makes New Investment in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Independent Advisor Alliance purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 986,596 shares of the company’s stock, valued at approximately $53,503,000. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 0.7% of Independent Advisor Alliance’s holdings, making the stock its 20th largest position.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Farther Finance Advisors LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after purchasing an additional 264 shares during the period. Elios Financial Group Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth approximately $2,438,000. Y Intercept Hong Kong Ltd bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter worth approximately $654,000. CreativeOne Wealth LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% in the third quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock worth $1,260,000 after acquiring an additional 1,796 shares in the last quarter. Finally, Proactive Wealth Strategies LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter worth approximately $2,806,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 1.1 %

Shares of BATS:OMFL opened at $54.51 on Monday. The business has a 50-day moving average price of $55.70 and a 200 day moving average price of $54.42. The company 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 company 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.

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.