ORBA Wealth Advisors L.L.C. Has $2.61 Million Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

ORBA Wealth Advisors L.L.C. lessened its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 17.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,094 shares of the company’s stock after selling 10,427 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 1.4% of ORBA Wealth Advisors L.L.C.’s holdings, making the stock its 27th biggest holding. ORBA Wealth Advisors L.L.C.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,608,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. GHP Investment Advisors Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $27,000. Farther Finance Advisors LLC grew its holdings in 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 acquiring an additional 264 shares during the last quarter. Golden State Wealth Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $72,000. Empirical Asset Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $222,000. Finally, International Assets Investment Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $223,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 4.0 %

Shares of OMFL opened at $56.09 on Wednesday. The company has a market capitalization of $4.91 billion, a P/E ratio of 27.81 and a beta of 1.02. The business’s 50-day moving average is $55.70 and its 200-day moving average is $54.18.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.0768 dividend. The ex-dividend date of this dividend was Monday, December 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.