Brookstone Capital Management Sells 3,619 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Brookstone Capital Management lowered its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 0.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 445,290 shares of the company’s stock after selling 3,619 shares during the quarter. Brookstone Capital Management owned 0.38% of Invesco Russell 1000 Dynamic Multifactor ETF worth $24,148,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in OMFL. Perissos Private Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $274,000. Axxcess Wealth Management LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $1,922,000. RPg Family Wealth Advisory LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $3,516,000. Mercer Global Advisors Inc. ADV boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 9.2% in the second quarter. Mercer Global Advisors Inc. ADV now owns 4,363 shares of the company’s stock valued at $229,000 after buying an additional 366 shares in the last quarter. Finally, Glass Jacobson Investment Advisors llc boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 21.8% in the second quarter. Glass Jacobson Investment Advisors llc now owns 9,129 shares of the company’s stock valued at $479,000 after buying an additional 1,634 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS:OMFL traded down $0.68 on Monday, reaching $53.88. The stock had a trading volume of 489,602 shares. The firm has a market cap of $6.31 billion, a P/E ratio of 21.45 and a beta of 0.94. The stock’s fifty day simple moving average is $55.10 and its two-hundred day simple moving average is $52.92.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were given a $0.0768 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.