Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by Golden State Equity Partners

Golden State Equity Partners trimmed its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.9% in the 3rd quarter, HoldingsChannel reports. The firm owned 15,071 shares of the company’s stock after selling 604 shares during the period. Golden State Equity Partners’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $799,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Arizona PSPRS Trust acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $281,479,000. Bank of New York Mellon Corp grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the 2nd quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock valued at $160,751,000 after buying an additional 134,468 shares during the last quarter. Osaic Holdings Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the 1st quarter. Osaic Holdings Inc. now owns 1,785,501 shares of the company’s stock valued at $98,630,000 after buying an additional 78,946 shares during the period. Captrust Financial Advisors lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 1st quarter. Captrust Financial Advisors now owns 1,060,991 shares of the company’s stock worth $58,599,000 after acquiring an additional 34,126 shares during the period. Finally, Orrstown Financial Services Inc. boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% in the third quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock valued at $50,421,000 after acquiring an additional 125,123 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock traded up $0.23 during trading hours on Wednesday, reaching $53.63. 266,083 shares of the company’s stock were exchanged. The business’s 50-day simple moving average is $52.52 and its 200 day simple moving average is $52.19. The firm has a market cap of $6.28 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced 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 was Monday, September 23rd.

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.