Kingsview Wealth Management LLC Trims Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Kingsview Wealth Management LLC cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 25.1% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,698 shares of the company’s stock after selling 4,600 shares during the quarter. Kingsview Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $726,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OMFL. Mather Group LLC. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% in the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock valued at $25,000 after purchasing an additional 306 shares during the period. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $28,000. Toronto Dominion Bank acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth about $35,000. Farther Finance Advisors LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during the 3rd quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock valued at $44,000 after acquiring an additional 264 shares during the period. Finally, Lowe Wealth Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $47,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $55.25 on Thursday. The stock has a market capitalization of $6.47 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The stock’s 50-day simple moving average is $53.65 and its 200-day simple moving average is $52.46.

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 given 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.