Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stock Position Boosted by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 101.7% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 50,445 shares of the company’s stock after acquiring an additional 25,431 shares during the period. Oppenheimer & Co. Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,673,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also made changes to their positions in the company. Pineridge Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth approximately $25,000. Mather Group LLC. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after purchasing an additional 306 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $28,000. Toronto Dominion Bank bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at about $35,000. Finally, Farther Finance Advisors LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third 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.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.87 on Friday. The stock’s fifty day moving average price is $53.23 and its two-hundred day moving average price is $52.39. The firm has a market cap of $6.31 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.1083 dividend. The ex-dividend date of this dividend was Monday, September 23rd.

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.