Financial Enhancement Group LLC Has $14.04 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Financial Enhancement Group LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.5% in the second quarter, according to the company in its most recent filing with the SEC. The fund owned 281,165 shares of the company’s stock after buying an additional 19,577 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 2.0% of Financial Enhancement Group LLC’s portfolio, making the stock its 11th largest holding. Financial Enhancement Group LLC owned approximately 0.24% of Invesco Russell 1000 Dynamic Multifactor ETF worth $14,044,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. CWM LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $61,000. Kestra Private Wealth Services LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.1% in the fourth quarter. Kestra Private Wealth Services LLC now owns 5,924 shares of the company’s stock valued at $305,000 after acquiring an additional 234 shares during the period. National Bank of Canada FI grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 194.8% in the fourth quarter. National Bank of Canada FI now owns 26,344 shares of the company’s stock valued at $1,342,000 after acquiring an additional 17,407 shares in the last quarter. Wealthcare Advisory Partners LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 96.9% during the fourth quarter. Wealthcare Advisory Partners LLC now owns 38,301 shares of the company’s stock worth $1,969,000 after acquiring an additional 18,847 shares during the period. Finally, EdgeRock Capital LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 17.0% in the 4th quarter. EdgeRock Capital LLC now owns 7,086 shares of the company’s stock worth $356,000 after purchasing an additional 1,030 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 2.0 %

Shares of BATS:OMFL traded down $1.07 on Wednesday, reaching $51.17. 299,425 shares of the company’s stock were exchanged. The company’s fifty day moving average price is $50.90 and its two-hundred day moving average price is $52.30. The firm has a market cap of $5.99 billion, a P/E ratio of 21.45 and a beta of 0.94.

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 given a dividend of $0.2324 per share. The ex-dividend date of this dividend was Monday, June 24th.

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.