Orrstown Financial Services Inc. Has $50.42 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Orrstown Financial Services Inc. boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 15.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 951,524 shares of the company’s stock after buying an additional 125,123 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 14.9% of Orrstown Financial Services Inc.’s portfolio, making the stock its 2nd largest position. Orrstown Financial Services Inc. owned approximately 0.81% of Invesco Russell 1000 Dynamic Multifactor ETF worth $50,421,000 at the end of the most recent quarter.

Other large investors have also recently made changes to their positions in the company. Pineridge Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter worth $25,000. Mather Group LLC. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the third quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after purchasing an additional 306 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $28,000. Toronto Dominion Bank bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $35,000. Finally, Lowe Wealth Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at about $47,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $53.40 on Tuesday. The stock has a market cap of $6.26 billion, a P/E ratio of 21.45 and a beta of 0.94. The business has a fifty day simple moving average of $52.49 and a 200 day simple moving average of $52.18.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a $0.1083 dividend. The ex-dividend date of this dividend was Monday, September 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.