Flagstar Advisors Inc. Raises Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Flagstar Advisors Inc. raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.6% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 14,041 shares of the company’s stock after purchasing an additional 357 shares during the period. Flagstar Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $761,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. GHP Investment Advisors Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $27,000. Farther Finance Advisors LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after buying an additional 264 shares during the last quarter. Golden State Wealth Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $72,000. Empirical Asset Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $222,000. Finally, International Assets Investment Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $57.18 on Wednesday. The firm has a market capitalization of $6.70 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The company has a fifty day moving average price of $55.68 and a two-hundred day moving average price of $53.90.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Stockholders 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 Company 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.