HighTower Advisors LLC Has $2.31 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

HighTower Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 12.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 42,501 shares of the company’s stock after acquiring an additional 4,822 shares during the quarter. HighTower Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,305,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. GHP Investment Advisors Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $27,000. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $72,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $222,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $223,000. Finally, Sierra Ocean LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $233,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 1.1 %

Shares of OMFL stock opened at $53.32 on Friday. The firm has a market cap of $4.62 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $57.49. The stock has a 50-day moving average price of $55.42 and a 200 day moving average price of $54.50.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 28th. Stockholders of record on Monday, March 24th will be given a dividend of $0.1166 per share. This is a boost from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, March 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.