Balentine LLC Has $308.37 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Balentine LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 0.3% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,686,390 shares of the company’s stock after purchasing an additional 18,852 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up 12.5% of Balentine LLC’s portfolio, making the stock its 4th biggest holding. Balentine LLC owned about 4.85% of Invesco Russell 1000 Dynamic Multifactor ETF worth $308,373,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in the company. Mather Group LLC. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after buying an additional 306 shares in the last quarter. GHP Investment Advisors Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at $27,000. Farther Finance Advisors LLC raised its position 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 valued at $44,000 after purchasing an additional 264 shares in the last quarter. Golden State Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $72,000. Finally, Empirical Asset Management LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth about $222,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 5.7 %

Shares of BATS OMFL opened at $56.98 on Tuesday. The stock has a market cap of $6.67 billion, a PE ratio of 21.45 and a beta of 0.94. The firm’s fifty day moving average price is $55.54 and its 200-day moving average price is $53.59.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were paid a dividend of $0.0768 per share. The ex-dividend date was Monday, December 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.