ERn Financial LLC Trims Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

ERn Financial LLC reduced its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.7% during the 1st quarter, HoldingsChannel.com reports. The fund owned 267,603 shares of the company’s stock after selling 16,303 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 2.3% of ERn Financial LLC’s investment portfolio, making the stock its 10th biggest position. ERn Financial LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $14,266,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently modified their holdings of OMFL. Mascagni Wealth Management Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $30,000. Ameriflex Group Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $50,000. Aptus Capital Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 131.1% in the fourth quarter. Aptus Capital Advisors LLC now owns 1,849 shares of the company’s stock valued at $100,000 after acquiring an additional 1,049 shares during the period. Farther Finance Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% in the first quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock valued at $158,000 after acquiring an additional 2,401 shares during the period. Finally, SRS Capital Advisors Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 72.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 4,423 shares of the company’s stock valued at $240,000 after purchasing an additional 1,855 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 3.6%

Shares of BATS OMFL opened at $55.88 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $57.49. The stock’s 50 day simple moving average is $54.68 and its 200 day simple moving average is $54.80. The company has a market cap of $4.78 billion, a price-to-earnings ratio of 26.60 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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

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.