ICA Group Wealth Management LLC Sells 6,773 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

ICA Group Wealth Management LLC decreased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 76.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 2,075 shares of the company’s stock after selling 6,773 shares during the period. ICA Group Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $109,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the business. Pineridge Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter worth approximately $25,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth $28,000. Lowe Wealth Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $47,000. Capital Investment Advisory Services LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the 1st quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock valued at $51,000 after purchasing an additional 662 shares during the period. Finally, Security National Bank bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.5 %

Shares of BATS OMFL opened at $52.15 on Monday. The company has a market cap of $6.11 billion, a P/E ratio of 21.45 and a beta of 0.94. The business has a 50 day moving average of $50.74 and a 200-day moving average of $52.28.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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