AE Wealth Management LLC Trims Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

AE Wealth Management LLC lowered its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 94.9% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,998 shares of the company’s stock after selling 75,151 shares during the period. AE Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $210,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in OMFL. Arizona PSPRS Trust acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth about $281,479,000. Bank of New York Mellon Corp boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% during the second quarter. Bank of New York Mellon Corp now owns 3,062,504 shares of the company’s stock worth $160,751,000 after acquiring an additional 134,468 shares during the last quarter. Osaic Holdings Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 4.6% in the 1st quarter. Osaic Holdings Inc. now owns 1,785,501 shares of the company’s stock worth $98,630,000 after acquiring an additional 78,946 shares during the period. Captrust Financial Advisors raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 1st quarter. Captrust Financial Advisors now owns 1,060,991 shares of the company’s stock valued at $58,599,000 after acquiring an additional 34,126 shares during the last quarter. Finally, Orrstown Financial Services Inc. lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.0% during the 2nd quarter. Orrstown Financial Services Inc. now owns 826,401 shares of the company’s stock worth $43,378,000 after purchasing an additional 24,361 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS:OMFL opened at $52.75 on Friday. The stock has a market capitalization of $6.18 billion, a P/E ratio of 21.45 and a beta of 0.94. The firm has a 50 day simple moving average of $51.01 and a two-hundred day simple moving average of $52.28.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were issued a $0.1083 dividend. The ex-dividend date of this dividend 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.