Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Acquired by Cetera Advisor Networks LLC

Cetera Advisor Networks LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 725.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 86,775 shares of the company’s stock after acquiring an additional 76,260 shares during the period. Cetera Advisor Networks LLC owned approximately 0.09% of Invesco Russell 1000 Dynamic Multifactor ETF worth $4,250,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of OMFL. LPL Financial LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 38.1% during the second quarter. LPL Financial LLC now owns 5,557,394 shares of the company’s stock worth $272,201,000 after purchasing an additional 1,532,278 shares during the last quarter. CI Private Wealth LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $50,814,000. Raymond James Financial Services Advisors Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 30.0% during the second quarter. Raymond James Financial Services Advisors Inc. now owns 2,697,846 shares of the company’s stock worth $132,141,000 after buying an additional 622,146 shares during the last quarter. Envestnet Asset Management Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 76.6% during the second quarter. Envestnet Asset Management Inc. now owns 1,155,113 shares of the company’s stock worth $56,577,000 after buying an additional 500,954 shares during the last quarter. Finally, Private Advisor Group LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth about $22,952,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $47.59 on Tuesday. The business’s 50-day moving average is $45.65 and its 200-day moving average is $47.42. The stock has a market capitalization of $4.44 billion, a price-to-earnings ratio of 11.24 and a beta of 0.98.

Invesco Russell 1000 Dynamic Multifactor ETF Dividend Announcement

The business also recently declared a dividend, which was paid on Friday, September 22nd. Investors of record on Tuesday, September 19th were issued a dividend of $0.206 per share. The ex-dividend date was Monday, September 18th.

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.