Raymond James Financial Services Advisors Inc. Sells 32,709 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Raymond James Financial Services Advisors Inc. trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.7% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,874,627 shares of the company’s stock after selling 32,709 shares during the quarter. Raymond James Financial Services Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $98,399,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at approximately $28,000. Lowe Wealth Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at approximately $47,000. Capital Investment Advisory Services LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% during the first quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock valued at $51,000 after buying an additional 662 shares during the period. Finally, Security National Bank purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.8 %

Shares of BATS:OMFL opened at $51.67 on Tuesday. The company’s 50-day simple moving average is $51.16 and its 200 day simple moving average is $52.18. The stock has a market capitalization of $6.05 billion, a price-to-earnings 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, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.2324 per share. The ex-dividend date was Monday, June 24th.

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.