Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) is LWM Advisory Services LLC’s Largest Position

LWM Advisory Services LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 14.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 449,371 shares of the company’s stock after purchasing an additional 55,483 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 20.3% of LWM Advisory Services LLC’s portfolio, making the stock its largest position. LWM Advisory Services LLC owned 0.48% of Invesco Russell 1000 Dynamic Multifactor ETF worth $23,102,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of OMFL. Bank of New York Mellon Corp lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 524.5% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,198,532 shares of the company’s stock worth $100,781,000 after buying an additional 1,846,484 shares during the last quarter. Orrstown Financial Services Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $33,261,000. LPL Financial LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 10.7% in the 3rd quarter. LPL Financial LLC now owns 6,152,929 shares of the company’s stock valued at $282,050,000 after acquiring an additional 595,535 shares during the period. UBS Group AG increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 63.6% in the 3rd quarter. UBS Group AG now owns 1,140,994 shares of the company’s stock valued at $52,303,000 after acquiring an additional 443,587 shares during the period. Finally, J.P. Morgan Private Wealth Advisors LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 111.8% in the 3rd quarter. J.P. Morgan Private Wealth Advisors LLC now owns 789,598 shares of the company’s stock valued at $36,195,000 after acquiring an additional 416,799 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.7 %

Shares of OMFL stock traded up $0.37 during mid-day trading on Monday, hitting $52.76. 222,073 shares of the stock traded hands. The stock has a market capitalization of $6.18 billion, a price-to-earnings ratio of 21.86 and a beta of 0.94. The stock’s fifty day simple moving average is $52.86 and its 200-day simple moving average is $50.07.

Invesco Russell 1000 Dynamic Multifactor ETF Increases Dividend

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

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.