Fortis Group Advisors LLC Buys New Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Fortis Group Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 17,325 shares of the company’s stock, valued at approximately $909,000.

Other hedge funds have also bought and sold shares of the company. Wealthcare Advisory Partners LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 96.9% in the 4th quarter. Wealthcare Advisory Partners LLC now owns 38,301 shares of the company’s stock valued at $1,969,000 after purchasing an additional 18,847 shares during the last quarter. Waller Financial Planning Group Inc. lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 16.1% during the first quarter. Waller Financial Planning Group Inc. now owns 506,555 shares of the company’s stock worth $27,977,000 after acquiring an additional 70,372 shares during the last quarter. Private Advisor Group LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 8.3% during the fourth quarter. Private Advisor Group LLC now owns 747,246 shares of the company’s stock worth $38,416,000 after acquiring an additional 57,484 shares during the last quarter. San Luis Wealth Advisors LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 6.0% during the first quarter. San Luis Wealth Advisors LLC now owns 113,228 shares of the company’s stock worth $6,254,000 after acquiring an additional 6,400 shares during the last quarter. Finally, LM Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $33,384,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 1.2 %

OMFL stock traded up $0.61 during mid-day trading on Friday, hitting $52.24. 428,386 shares of the company were exchanged. The business has a fifty day simple moving average of $50.95 and a 200 day simple moving average of $52.26. The firm has a market cap of $6.12 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business 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.