MML Investors Services LLC Sells 166,356 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

MML Investors Services LLC cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 64.2% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 92,725 shares of the company’s stock after selling 166,356 shares during the quarter. MML Investors Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $4,914,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in OMFL. Mather Group LLC. raised 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. Toronto Dominion Bank purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $35,000. Farther Finance Advisors LLC increased 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 buying an additional 264 shares during the period. Chris Bulman Inc bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $58,000. Finally, Beaird Harris Wealth Management LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $108,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.5 %

OMFL opened at $56.19 on Friday. The stock’s 50-day moving average is $54.47 and its 200 day moving average is $52.65. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were issued 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.