IFG Advisory LLC Acquires 285,711 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

IFG Advisory LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 73.4% during the fourth quarter, Holdings Channel reports. The firm owned 675,189 shares of the company’s stock after acquiring an additional 285,711 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 2.5% of IFG Advisory LLC’s holdings, making the stock its 3rd largest position. IFG Advisory LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $34,711,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OMFL. San Luis Wealth Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.0% in the 4th quarter. San Luis Wealth Advisors LLC now owns 106,828 shares of the company’s stock valued at $5,492,000 after buying an additional 1,099 shares in the last quarter. Kingswood Wealth Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 18.9% in the 4th quarter. Kingswood Wealth Advisors LLC now owns 15,850 shares of the company’s stock valued at $815,000 after buying an additional 2,521 shares in the last quarter. Raymond James & Associates increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 23.1% in the 4th quarter. Raymond James & Associates now owns 611,001 shares of the company’s stock valued at $31,412,000 after buying an additional 114,465 shares in the last quarter. Lionsbridge Wealth Management LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the 4th quarter. Lionsbridge Wealth Management LLC now owns 86,793 shares of the company’s stock valued at $4,462,000 after buying an additional 19,307 shares in the last quarter. Finally, Archford Capital Strategies LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.3% in the 4th quarter. Archford Capital Strategies LLC now owns 148,763 shares of the company’s stock valued at $7,648,000 after buying an additional 6,079 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $54.92 on Thursday. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 11.24 and a beta of 0.98. The company has a 50 day moving average price of $51.64 and a 200-day moving average price of $48.98.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were issued a dividend of $0.2461 per share. This is a positive change from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date was Monday, March 18th.

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.