Burt Wealth Advisors Sells 7,383 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Burt Wealth Advisors cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.1% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 350,304 shares of the company’s stock after selling 7,383 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 4.8% of Burt Wealth Advisors’ investment portfolio, making the stock its 8th biggest position. Burt Wealth Advisors owned approximately 0.30% of Invesco Russell 1000 Dynamic Multifactor ETF worth $18,997,000 as of its most recent filing with the SEC.

Other institutional investors also recently modified their holdings of the company. Balentine LLC boosted its position in 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 worth $300,323,000 after buying an additional 964,398 shares during the period. Daner Wealth Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $16,213,000. Asset Allocation Strategies LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1,314.6% in the third quarter. Asset Allocation Strategies LLC now owns 142,898 shares of the company’s stock worth $7,572,000 after purchasing an additional 132,796 shares during the last quarter. Financial Enhancement Group LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 46.7% in the fourth quarter. Financial Enhancement Group LLC now owns 327,677 shares of the company’s stock valued at $17,642,000 after purchasing an additional 104,334 shares during the period. Finally, Centerpoint Advisory Group bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $4,863,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS OMFL opened at $55.51 on Tuesday. The company has a 50 day moving average of $55.74 and a 200-day moving average of $54.31. The company has a market cap of $4.86 billion, a price-to-earnings ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a dividend of $0.0768 per share. The ex-dividend date was Monday, December 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.