Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Stake Decreased by UP Strategic Wealth Investment Advisors LLC

UP Strategic Wealth Investment Advisors LLC cut its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 18.3% during the second quarter, according to its most recent Form 13F filing with the SEC. The fund owned 29,797 shares of the company’s stock after selling 6,667 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 2.4% of UP Strategic Wealth Investment Advisors LLC’s portfolio, making the stock its 10th largest holding. UP Strategic Wealth Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,564,000 at the end of the most recent quarter.

Several other hedge funds also recently bought and sold shares of the stock. Envestnet Portfolio Solutions Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $627,000. Brown Advisory Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.9% in the fourth quarter. Brown Advisory Inc. now owns 4,943 shares of the company’s stock worth $254,000 after acquiring an additional 484 shares in the last quarter. UBS Group AG grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 92.8% in the fourth quarter. UBS Group AG now owns 2,200,008 shares of the company’s stock valued at $113,102,000 after acquiring an additional 1,059,014 shares in the last quarter. EverSource Wealth Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at approximately $87,000. Finally, Cambridge Investment Research Advisors Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% in the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 1,144,675 shares of the company’s stock worth $58,848,000 after purchasing an additional 27,236 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS OMFL opened at $51.99 on Thursday. The firm has a 50 day simple moving average of $50.77 and a 200-day simple moving average of $52.28. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a $0.2324 dividend. The ex-dividend date of this dividend 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.