49 Wealth Management LLC Sells 2,772 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

49 Wealth Management LLC reduced its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 23.8% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 8,851 shares of the company’s stock after selling 2,772 shares during the period. 49 Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $469,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the stock. Pineridge Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $25,000. Mather Group LLC. boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after acquiring an additional 306 shares in the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $28,000. Toronto Dominion Bank acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at approximately $35,000. Finally, Farther Finance Advisors LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after purchasing an additional 264 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.7 %

BATS:OMFL opened at $54.64 on Friday. The company has a fifty day simple moving average of $53.48 and a 200-day simple moving average of $52.45. The firm has a market capitalization of $6.40 billion, a price-to-earnings 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, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.1083 dividend. The ex-dividend date was Monday, September 23rd.

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.