Paces Ferry Wealth Advisors LLC Lowers Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Paces Ferry Wealth Advisors LLC cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.3% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 6,835 shares of the company’s stock after selling 306 shares during the period. Paces Ferry Wealth Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $359,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Pineridge Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth about $25,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $28,000. Lowe Wealth Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $47,000. Capital Investment Advisory Services LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 259.6% in the first quarter. Capital Investment Advisory Services LLC now owns 917 shares of the company’s stock worth $51,000 after buying an additional 662 shares during the period. Finally, Security National Bank purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $58,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.4 %

Shares of BATS OMFL opened at $51.99 on Thursday. The firm’s fifty day simple moving average is $50.77 and its 200 day simple moving average is $52.28. The company has a market capitalization of $6.09 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Shareholders 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.