HighTower Advisors LLC Has $2 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

HighTower Advisors LLC reduced its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.1% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 37,679 shares of the company’s stock after selling 809 shares during the period. HighTower Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,995,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Mather Group LLC. increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after buying an additional 306 shares during the last quarter. Toronto Dominion Bank acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth $35,000. Farther Finance Advisors LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd 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. Chris Bulman Inc acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $58,000. Finally, Beaird Harris Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth $108,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $56.19 on Friday. The stock’s 50 day simple moving average is $54.47 and its two-hundred day simple moving average is $52.64. The firm has a market capitalization of $6.58 billion, a P/E ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors 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.