Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Shares Sold by JPMorgan Chase & Co.

JPMorgan Chase & Co. trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 67.4% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 350,357 shares of the company’s stock after selling 723,072 shares during the quarter. JPMorgan Chase & Co. owned about 0.30% of Invesco Russell 1000 Dynamic Multifactor ETF worth $18,565,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Wilmington Savings Fund Society FSB acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at approximately $2,769,000. Sanctuary Advisors LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 80.8% in the 3rd quarter. Sanctuary Advisors LLC now owns 14,213 shares of the company’s stock valued at $779,000 after purchasing an additional 6,354 shares during the last quarter. Arete Wealth Advisors LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 47,213 shares of the company’s stock valued at $2,489,000 after purchasing an additional 4,377 shares during the last quarter. Asset Allocation Strategies LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1,314.6% during the 3rd 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 period. Finally, Valued Retirements Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth about $1,891,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS OMFL opened at $54.56 on Friday. The firm has a 50 day moving average of $55.07 and a 200-day moving average of $52.91. The firm has a market capitalization of $6.39 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

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.