Transcend Capital Advisors LLC Buys 1,092 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Transcend Capital Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.0% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 54,830 shares of the company’s stock after acquiring an additional 1,092 shares during the quarter. Transcend Capital Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,878,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OMFL. Balentine LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth about $165,301,000. UBS Group AG raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 92.8% during the fourth quarter. UBS Group AG now owns 2,200,008 shares of the company’s stock valued at $113,102,000 after purchasing an additional 1,059,014 shares in the last quarter. LM Advisors LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $33,384,000. Bank of New York Mellon Corp boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,928,036 shares of the company’s stock valued at $161,715,000 after purchasing an additional 487,156 shares in the last quarter. Finally, International Assets Investment Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $15,496,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.8 %

BATS OMFL traded down $0.92 during trading hours on Friday, hitting $49.03. 1,204,871 shares of the company’s stock were exchanged. The firm has a fifty day moving average of $51.93 and a 200-day moving average of $52.23. The stock has a market cap of $5.74 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were paid a $0.2324 dividend. The ex-dividend date of this dividend was Monday, June 24th.

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.