Denver Wealth Management Inc. Reduces Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Denver Wealth Management Inc. lessened its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFLFree Report) by 3.8% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 26,220 shares of the company’s stock after selling 1,041 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 0.8% of Denver Wealth Management Inc.’s portfolio, making the stock its 25th biggest position. Denver Wealth Management Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,348,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Raymond James & Associates raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.1% during the fourth quarter. Raymond James & Associates now owns 611,001 shares of the company’s stock valued at $31,412,000 after acquiring an additional 114,465 shares in the last quarter. Cornerstone Wealth Management LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% in the fourth quarter. Cornerstone Wealth Management LLC now owns 26,675 shares of the company’s stock worth $1,371,000 after purchasing an additional 418 shares in the last quarter. Baystate Wealth Management LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 7.5% in the third quarter. Baystate Wealth Management LLC now owns 1,172,982 shares of the company’s stock worth $53,769,000 after purchasing an additional 82,210 shares in the last quarter. J.P. Morgan Private Wealth Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 111.8% in the third quarter. J.P. Morgan Private Wealth Advisors LLC now owns 789,598 shares of the company’s stock worth $36,195,000 after purchasing an additional 416,799 shares in the last quarter. Finally, IFG Advisory LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 73.4% in the fourth quarter. IFG Advisory LLC now owns 675,189 shares of the company’s stock worth $34,711,000 after purchasing an additional 285,711 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL opened at $54.40 on Thursday. The business has a 50-day moving average price of $52.14 and a two-hundred day moving average price of $49.24. The company has a market capitalization of $5.08 billion, a P/E ratio of 11.24 and a beta of 0.98.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a $0.2461 dividend. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date was Monday, March 18th.

About Invesco Russell 1000 Dynamic Multifactor ETF

(Free Report)

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.

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Institutional Ownership by Quarter for Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

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