Western Wealth Management LLC Has $4.62 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Western Wealth Management LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 9.1% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 89,851 shares of the company’s stock after purchasing an additional 7,493 shares during the period. Western Wealth Management LLC owned approximately 0.10% of Invesco Russell 1000 Dynamic Multifactor ETF worth $4,619,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of OMFL. LPL Financial LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% during the third quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock worth $282,050,000 after purchasing an additional 595,535 shares in the last quarter. Morgan Stanley boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 15.6% in the 3rd quarter. Morgan Stanley now owns 3,836,710 shares of the company’s stock valued at $175,875,000 after purchasing an additional 517,468 shares during the period. Raymond James Financial Services Advisors Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 7.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 2,911,373 shares of the company’s stock valued at $133,457,000 after purchasing an additional 213,527 shares during the period. HBK Sorce Advisory LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.1% in the 3rd quarter. HBK Sorce Advisory LLC now owns 2,730,326 shares of the company’s stock valued at $125,158,000 after purchasing an additional 29,788 shares during the period. Finally, Wells Fargo & Company MN boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 133.0% in the 2nd quarter. Wells Fargo & Company MN now owns 2,322,765 shares of the company’s stock valued at $113,769,000 after purchasing an additional 1,325,776 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.1 %

Shares of BATS:OMFL traded up $0.03 during midday trading on Thursday, hitting $51.26. The stock had a trading volume of 744,513 shares. The stock has a fifty day moving average price of $52.67 and a 200-day moving average price of $49.71. The company has a market capitalization of $6.01 billion, a P/E ratio of 21.86 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, March 22nd. Shareholders of record on Tuesday, March 19th were given a $0.2461 dividend. This is a boost from Invesco Russell 1000 Dynamic Multifactor ETF’s previous dividend of $0.21. The ex-dividend date was Monday, March 18th.

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.