Beaird Harris Wealth Management LLC Buys Shares of 2,051 Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Beaird Harris Wealth Management LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the second quarter, according to its most recent disclosure with the SEC. The firm purchased 2,051 shares of the company’s stock, valued at approximately $108,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OMFL. Arizona PSPRS Trust acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $281,479,000. LM Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $33,384,000. Bank of New York Mellon Corp lifted its holdings 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 worth $161,715,000 after purchasing an additional 487,156 shares during the last quarter. Commonwealth Equity Services LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 114.7% during the first quarter. Commonwealth Equity Services LLC now owns 545,133 shares of the company’s stock worth $30,108,000 after purchasing an additional 291,183 shares during the period. Finally, Cetera Investment Advisers grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% during the first quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock valued at $14,509,000 after purchasing an additional 225,633 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS:OMFL opened at $52.76 on Friday. The company has a 50 day moving average price of $51.01 and a 200 day moving average price of $52.28. The company has a market capitalization of $6.18 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a $0.1083 dividend. The ex-dividend date was Monday, September 23rd.

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.