Farther Finance Advisors LLC Has $30,000 Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Farther Finance Advisors LLC trimmed its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 32.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 558 shares of the company’s stock after selling 264 shares during the period. Farther Finance Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $30,000 as of its most recent SEC filing.

Other institutional investors have also added to or reduced their stakes in the company. Global Retirement Partners LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 4.2% during the 4th quarter. Global Retirement Partners LLC now owns 8,213 shares of the company’s stock worth $445,000 after purchasing an additional 328 shares in the last quarter. Flagstar Advisors Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 2.6% in the fourth quarter. Flagstar Advisors Inc. now owns 14,041 shares of the company’s stock valued at $761,000 after purchasing an additional 357 shares in the last quarter. Glass Jacobson Investment Advisors llc increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.4% during the 3rd quarter. Glass Jacobson Investment Advisors llc now owns 9,621 shares of the company’s stock worth $510,000 after purchasing an additional 492 shares during the last quarter. GHP Investment Advisors Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $27,000. Finally, Assetmark Inc. boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.9% in the 4th quarter. Assetmark Inc. now owns 4,527 shares of the company’s stock valued at $245,000 after buying an additional 656 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $54.12 on Tuesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $46.79 and a 52-week high of $57.49. The firm’s 50-day moving average is $55.43 and its 200-day moving average is $54.55. The stock has a market cap of $4.68 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently disclosed a dividend, which will be paid on Friday, March 28th. Shareholders of record on Monday, March 24th will be issued 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 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.