IFP Advisors Inc Sells 5,799 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

IFP Advisors Inc lessened its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.5% in the fourth quarter, HoldingsChannel reports. The fund owned 62,387 shares of the company’s stock after selling 5,799 shares during the period. IFP Advisors Inc’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $3,383,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth about $27,000. Farther Finance Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after purchasing an additional 264 shares during the period. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $72,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $222,000. Finally, International Assets Investment Management LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $55.88 on Tuesday. The company has a market cap of $6.55 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The business’s 50 day moving average is $55.70 and its two-hundred day moving average is $54.13.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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