Janney Montgomery Scott LLC Decreases Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Janney Montgomery Scott LLC cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 16.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 294,304 shares of the company’s stock after selling 57,935 shares during the period. Janney Montgomery Scott LLC owned approximately 0.25% of Invesco Russell 1000 Dynamic Multifactor ETF worth $15,595,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Pineridge Advisors LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth approximately $25,000. Mather Group LLC. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after purchasing an additional 306 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at $28,000. Toronto Dominion Bank bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at $35,000. Finally, Farther Finance Advisors LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after acquiring an additional 264 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.40 on Wednesday. The firm’s 50 day moving average price is $52.65 and its two-hundred day moving average price is $52.24. The stock has a market capitalization of $6.26 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

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

Invesco Russell 1000 Dynamic Multifactor ETF 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.