Avantax Advisory Services Inc. Has $2.18 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Avantax Advisory Services Inc. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 46.9% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 40,138 shares of the company’s stock after buying an additional 12,810 shares during the period. Avantax Advisory Services Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,177,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. US Bancorp DE lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.3% during the fourth quarter. US Bancorp DE now owns 7,252 shares of the company’s stock worth $393,000 after purchasing an additional 1,014 shares during the period. Elios Financial Group Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth $2,438,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth $654,000. Assetmark Inc. lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.9% during the fourth quarter. Assetmark Inc. now owns 4,527 shares of the company’s stock worth $245,000 after purchasing an additional 656 shares during the period. Finally, CreativeOne Wealth LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% during the third quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock worth $1,260,000 after purchasing an additional 1,796 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.4 %

Shares of BATS:OMFL opened at $53.18 on Monday. The firm has a market capitalization of $4.60 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02. The business’s 50 day simple moving average is $55.55 and its two-hundred day simple moving average is $54.46.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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