Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 69.9% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 80,195 shares of the company’s stock after acquiring an additional 32,982 shares during the period. Arete Wealth Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $4,354,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Balentine LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the fourth quarter. Balentine LLC now owns 5,686,390 shares of the company’s stock worth $308,373,000 after acquiring an additional 18,852 shares during the last quarter. Independent Advisor Alliance purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $53,503,000. Orrstown Financial Services Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.4% during the 4th quarter. Orrstown Financial Services Inc. now owns 984,265 shares of the company’s stock worth $53,377,000 after purchasing an additional 32,741 shares during the last quarter. Raymond James Financial Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $44,315,000. Finally, Arkadios Wealth Advisors grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 6.3% during the 4th quarter. Arkadios Wealth Advisors now owns 646,707 shares of the company’s stock valued at $35,071,000 after buying an additional 38,608 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.81 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $57.49. The stock has a fifty day moving average of $55.24 and a two-hundred day moving average of $54.64. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 26.53 and a beta of 1.03.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were paid a $0.1166 dividend. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date was Monday, March 24th.

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.