Elios Financial Group Inc. Makes New $2.44 Million Investment in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Elios Financial Group Inc. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 46,013 shares of the company’s stock, valued at approximately $2,438,000. Invesco Russell 1000 Dynamic Multifactor ETF comprises 1.1% of Elios Financial Group Inc.’s investment portfolio, making the stock its 22nd biggest position.

A number of other large investors have also modified their holdings of OMFL. Great Valley Advisor Group Inc. grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 490.3% in the third quarter. Great Valley Advisor Group Inc. now owns 77,657 shares of the company’s stock worth $4,115,000 after purchasing an additional 64,502 shares in the last quarter. Flagstar Advisors Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.7% in the 3rd quarter. Flagstar Advisors Inc. now owns 13,684 shares of the company’s stock valued at $725,000 after buying an additional 227 shares in the last quarter. Running Point Capital Advisors LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during the third quarter. Running Point Capital Advisors LLC now owns 72,082 shares of the company’s stock valued at $3,820,000 after acquiring an additional 939 shares during the period. Oppenheimer & Co. Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 101.7% during the 3rd quarter. Oppenheimer & Co. Inc. now owns 50,445 shares of the company’s stock valued at $2,673,000 after purchasing an additional 25,431 shares during the period. Finally, Proactive Wealth Strategies LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth about $2,806,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

BATS OMFL opened at $54.97 on Tuesday. The company has a market cap of $6.44 billion, a P/E ratio of 21.45 and a beta of 0.94. The stock has a 50 day simple moving average of $53.59 and a 200 day simple moving average of $52.45.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were given a dividend of $0.1083 per share. 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.