Orrstown Financial Services Inc. Has $53.38 Million Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Orrstown Financial Services Inc. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 984,265 shares of the company’s stock after acquiring an additional 32,741 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 14.3% of Orrstown Financial Services Inc.’s investment portfolio, making the stock its 2nd biggest position. Orrstown Financial Services Inc. owned about 0.84% of Invesco Russell 1000 Dynamic Multifactor ETF worth $53,377,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in OMFL. Balentine LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.5% during the third quarter. Balentine LLC now owns 5,667,538 shares of the company’s stock valued at $300,323,000 after purchasing an additional 964,398 shares in the last quarter. Captrust Financial Advisors grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the 3rd quarter. Captrust Financial Advisors now owns 1,087,635 shares of the company’s stock valued at $57,634,000 after buying an additional 30,976 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 2.2% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 746,708 shares of the company’s stock worth $39,195,000 after acquiring an additional 16,361 shares during the last quarter. Arkadios Wealth Advisors raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6.3% during the 4th quarter. Arkadios Wealth Advisors now owns 646,707 shares of the company’s stock worth $35,071,000 after acquiring an additional 38,608 shares in the last quarter. Finally, Waller Financial Planning Group Inc. boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the 4th quarter. Waller Financial Planning Group Inc. now owns 552,680 shares of the company’s stock valued at $29,972,000 after acquiring an additional 15,740 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 4.3 %

OMFL traded up $2.30 during trading hours on Wednesday, hitting $56.22. The company’s stock had a trading volume of 632,574 shares. The firm has a 50 day moving average of $55.27 and a 200-day moving average of $53.21. The firm has a market cap of $6.59 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 announced a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0768 per share. The ex-dividend date was Monday, December 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.