Avestar Capital LLC Sells 22,295 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Avestar Capital LLC trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.5% during the third quarter, Holdings Channel.com reports. The fund owned 172,348 shares of the company’s stock after selling 22,295 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 0.9% of Avestar Capital LLC’s holdings, making the stock its 20th biggest position. Avestar Capital LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $9,133,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of OMFL. PFG Advisors grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 11.4% during the 3rd quarter. PFG Advisors now owns 47,340 shares of the company’s stock worth $2,509,000 after purchasing an additional 4,840 shares in the last quarter. Farther Finance Advisors LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% during 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 in the last quarter. Crestwood Advisors Group LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the 2nd quarter. Crestwood Advisors Group LLC now owns 15,524 shares of the company’s stock worth $815,000 after acquiring an additional 2,194 shares during the period. Sanctuary Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth $412,000. Finally, Cetera Investment Advisers raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 608.7% in the 1st quarter. Cetera Investment Advisers now owns 262,703 shares of the company’s stock valued at $14,509,000 after acquiring an additional 225,633 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.3 %

OMFL opened at $54.97 on Tuesday. The firm has a market cap of $6.44 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94. The stock’s 50-day moving average is $53.59 and its two-hundred day moving average is $52.45.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were paid a dividend of $0.1083 per share. The ex-dividend date of this dividend was Monday, September 23rd.

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.