Envestnet Portfolio Solutions Inc. Sells 4,615 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Envestnet Portfolio Solutions Inc. trimmed its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 31.2% during the fourth quarter, Holdings Channel.com reports. The fund owned 10,186 shares of the company’s stock after selling 4,615 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $552,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the company. GHP Investment Advisors Inc. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $27,000. Golden State Wealth Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $72,000. Empirical Asset Management LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $222,000. International Assets Investment Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $223,000. Finally, Sierra Ocean LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $233,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $54.13 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $46.79 and a 52 week high of $57.49. The firm’s 50-day simple moving average is $55.43 and its two-hundred day simple moving average is $54.58. The firm has a market cap of $4.69 billion, a price-to-earnings ratio of 26.44 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The company also recently disclosed a dividend, which will be paid on Friday, March 28th. Investors of record on Monday, March 24th will be paid a $0.1166 dividend. This is an increase from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.08. The ex-dividend date of this dividend is Monday, March 24th.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.