Daner Wealth Management LLC Invests $16.21 Million in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Daner Wealth Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 286,961 shares of the company’s stock, valued at approximately $16,213,000. Invesco Russell 1000 Dynamic Multifactor ETF comprises 11.9% of Daner Wealth Management LLC’s portfolio, making the stock its 2nd biggest position.

Several other institutional investors have also recently made changes to their positions in the company. Concord Wealth Partners lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 38.8% during the 3rd quarter. Concord Wealth Partners now owns 5,112 shares of the company’s stock valued at $271,000 after buying an additional 1,429 shares in the last quarter. Orrstown Financial Services Inc. lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 15.1% during the 3rd quarter. Orrstown Financial Services Inc. now owns 951,524 shares of the company’s stock valued at $50,421,000 after buying an additional 125,123 shares in the last quarter. Goldstone Financial Group LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter valued at about $239,000. Farther Finance Advisors LLC lifted 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 valued at $44,000 after buying an additional 264 shares in the last quarter. Finally, White Pine Investment CO lifted its holdings in 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 valued at $6,620,000 after buying an additional 1,141 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 4.0 %

Shares of OMFL opened at $56.09 on Wednesday. The firm’s fifty day moving average is $55.70 and its 200-day moving average is $54.18. The company has a market cap of $4.91 billion, a price-to-earnings ratio of 27.81 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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.