Brookstone Capital Management Raises Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Brookstone Capital Management boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 31.4% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 452,509 shares of the company’s stock after purchasing an additional 108,235 shares during the quarter. Brookstone Capital Management’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $23,055,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. NBC Securities Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.7% during the first quarter. NBC Securities Inc. now owns 5,431 shares of the company’s stock worth $299,000 after purchasing an additional 194 shares during the last quarter. Kestra Private Wealth Services LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.1% during the 4th quarter. Kestra Private Wealth Services LLC now owns 5,924 shares of the company’s stock valued at $305,000 after buying an additional 234 shares in the last quarter. Geneos Wealth Management Inc. lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 12.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 2,302 shares of the company’s stock worth $127,000 after buying an additional 246 shares during the last quarter. J.W. Cole Advisors Inc. boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 5.7% in the fourth quarter. J.W. Cole Advisors Inc. now owns 7,740 shares of the company’s stock worth $398,000 after buying an additional 415 shares in the last quarter. Finally, Pineridge Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter valued at approximately $25,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.1 %

Shares of OMFL stock traded down $0.05 during trading hours on Friday, hitting $51.25. 435,596 shares of the company’s stock were exchanged. The stock has a market capitalization of $6.00 billion, a P/E ratio of 21.45 and a beta of 0.94. The stock has a 50-day simple moving average of $51.16 and a 200 day simple moving average of $52.16.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.