Axxcess Wealth Management LLC Makes New Investment in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Axxcess Wealth Management LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 36,621 shares of the company’s stock, valued at approximately $1,922,000.

Other institutional investors and hedge funds have also made changes to their positions in the company. San Luis Wealth Advisors LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 6.0% in the first quarter. San Luis Wealth Advisors LLC now owns 113,228 shares of the company’s stock valued at $6,254,000 after buying an additional 6,400 shares in the last quarter. LM Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $33,384,000. UBS Group AG raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 92.8% during the 4th quarter. UBS Group AG now owns 2,200,008 shares of the company’s stock worth $113,102,000 after acquiring an additional 1,059,014 shares in the last quarter. Muirfield Wealth Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $874,000. Finally, Cambridge Investment Research Advisors Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% in the fourth quarter. Cambridge Investment Research Advisors Inc. now owns 1,144,675 shares of the company’s stock valued at $58,848,000 after purchasing an additional 27,236 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $51.99 on Thursday. The stock has a market capitalization of $6.09 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The company has a 50 day moving average of $50.77 and a 200 day moving average of $52.28.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.2324 per share. The ex-dividend date of this dividend was Monday, June 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.