Tower Research Capital LLC TRC Has $2.22 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Tower Research Capital LLC TRC decreased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 32.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 40,943 shares of the company’s stock after selling 19,971 shares during the period. Tower Research Capital LLC TRC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,220,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Balentine LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% in the 4th quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock valued at $308,373,000 after buying an additional 18,852 shares during the period. Independent Advisor Alliance bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth about $53,503,000. Orrstown Financial Services Inc. lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the 4th 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 during the period. Mariner LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.7% in the 4th 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 during the last quarter. Finally, Raymond James Financial Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $44,315,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $51.31 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $57.49. The firm has a market capitalization of $4.43 billion, a P/E ratio of 25.90 and a beta of 1.03. The company’s 50 day simple moving average is $53.44 and its 200 day simple moving average is $54.43.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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

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.