Thrivent Financial for Lutherans Acquires 37,043 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Thrivent Financial for Lutherans lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 350,493 shares of the company’s stock after acquiring an additional 37,043 shares during the period. Thrivent Financial for Lutherans owned approximately 0.30% of Invesco Russell 1000 Dynamic Multifactor ETF worth $18,397,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also recently made changes to their positions in OMFL. Arizona PSPRS Trust bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $281,479,000. LM Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $33,384,000. Bank of New York Mellon Corp increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% in the 1st quarter. Bank of New York Mellon Corp now owns 2,928,036 shares of the company’s stock valued at $161,715,000 after buying an additional 487,156 shares in the last quarter. Commonwealth Equity Services LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 114.7% in the 1st quarter. Commonwealth Equity Services LLC now owns 545,133 shares of the company’s stock valued at $30,108,000 after buying an additional 291,183 shares in the last quarter. Finally, Cetera Investment Advisers increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% in the 1st quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock valued at $14,509,000 after buying an additional 225,633 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $52.88 on Wednesday. The company has a market cap of $6.19 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The company has a 50 day moving average price of $50.88 and a 200-day moving average price of $52.27.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, September 27th. Investors of record on Monday, September 23rd will be given a $0.1083 dividend. The ex-dividend date is 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.