Goldstone Financial Group LLC Increases Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Goldstone Financial Group LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 104.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,218 shares of the company’s stock after acquiring an additional 4,703 shares during the quarter. Goldstone Financial Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $500,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently added to or reduced their stakes in OMFL. Balentine LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the 3rd quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after buying an additional 964,398 shares in the last quarter. Captrust Financial Advisors grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the third quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock valued at $57,634,000 after acquiring an additional 30,976 shares during the last quarter. Orrstown Financial Services Inc. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% during the third quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock worth $50,421,000 after acquiring an additional 125,123 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 746,708 shares of the company’s stock worth $39,195,000 after acquiring an additional 16,361 shares during the last quarter. Finally, Arkadios Wealth Advisors boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.5% in the 3rd quarter. Arkadios Wealth Advisors now owns 608,099 shares of the company’s stock valued at $32,223,000 after purchasing an additional 31,531 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL stock opened at $54.69 on Friday. The company has a market cap of $6.41 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The firm’s 50 day simple moving average is $55.11 and its two-hundred day simple moving average is $52.96.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0768 per share. The ex-dividend date of this dividend was Monday, December 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.