Concurrent Investment Advisors LLC Sells 38,367 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Concurrent Investment Advisors LLC lowered its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 56.2% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 29,917 shares of the company’s stock after selling 38,367 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,622,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also recently modified their holdings of the company. Farther Finance Advisors LLC lifted its position in shares of 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 worth $44,000 after buying an additional 264 shares in the last quarter. White Pine Investment CO lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% during the 3rd quarter. White Pine Investment CO now owns 124,927 shares of the company’s stock worth $6,620,000 after buying an additional 1,141 shares in the last quarter. Elios Financial Group Inc. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth approximately $2,438,000. Y Intercept Hong Kong Ltd bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth approximately $654,000. Finally, CreativeOne Wealth LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.2% during the 3rd quarter. CreativeOne Wealth LLC now owns 23,774 shares of the company’s stock worth $1,260,000 after buying an additional 1,796 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $56.02 on Friday. The business’s 50 day moving average price is $55.71 and its 200 day moving average price is $54.04. The company has a market cap of $6.56 billion, a PE 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, December 27th. Shareholders of record on Monday, December 23rd were given a dividend of $0.0768 per share. The ex-dividend date was Monday, December 23rd.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.