Great Valley Advisor Group Inc. Sells 16,836 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Great Valley Advisor Group Inc. trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 68.0% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 7,935 shares of the company’s stock after selling 16,836 shares during the period. Great Valley Advisor Group Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $408,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in OMFL. Baystate Wealth Management LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% in the 4th quarter. Baystate Wealth Management LLC now owns 1,212,307 shares of the company’s stock valued at $62,325,000 after buying an additional 39,325 shares in the last quarter. Raymond James & Associates boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.1% in the 4th quarter. Raymond James & Associates now owns 611,001 shares of the company’s stock valued at $31,412,000 after buying an additional 114,465 shares in the last quarter. Western Wealth Management LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.1% in the 4th quarter. Western Wealth Management LLC now owns 89,851 shares of the company’s stock valued at $4,619,000 after buying an additional 7,493 shares in the last quarter. Cornerstone Wealth Management LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% in the 4th quarter. Cornerstone Wealth Management LLC now owns 26,675 shares of the company’s stock valued at $1,371,000 after buying an additional 418 shares in the last quarter. Finally, Crestwood Advisors Group LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $422,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $52.79 on Monday. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The company’s 50-day moving average is $52.97 and its 200 day moving average is $50.30.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were paid a dividend of $0.2461 per share. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date of this dividend was Monday, March 18th.

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.