Asset Allocation Strategies LLC Buys 132,796 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Asset Allocation Strategies LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1,314.6% during the third quarter, HoldingsChannel reports. The fund owned 142,898 shares of the company’s stock after acquiring an additional 132,796 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 2.2% of Asset Allocation Strategies LLC’s investment portfolio, making the stock its 16th largest holding. Asset Allocation Strategies LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $7,572,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Flagstar Advisors Inc. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.7% during the 3rd quarter. Flagstar Advisors Inc. now owns 13,684 shares of the company’s stock valued at $725,000 after purchasing an additional 227 shares during the last quarter. Farther Finance Advisors LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 47.3% in the third quarter. Farther Finance Advisors LLC now owns 822 shares of the company’s stock worth $44,000 after buying an additional 264 shares during the period. Mather Group LLC. lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 177.9% during the 3rd quarter. Mather Group LLC. now owns 478 shares of the company’s stock worth $25,000 after acquiring an additional 306 shares during the last quarter. Denver Wealth Management Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% during the 2nd quarter. Denver Wealth Management Inc. now owns 20,673 shares of the company’s stock valued at $1,085,000 after acquiring an additional 321 shares during the period. Finally, Mercer Global Advisors Inc. ADV grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 9.2% in the 2nd quarter. Mercer Global Advisors Inc. ADV now owns 4,363 shares of the company’s stock valued at $229,000 after acquiring an additional 366 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS:OMFL opened at $55.75 on Wednesday. The company has a market capitalization of $6.53 billion, a P/E ratio of 21.45 and a beta of 0.94. The stock’s fifty day simple moving average is $54.26 and its two-hundred day simple moving average is $52.58.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The business also recently disclosed a dividend, which was paid on Friday, September 27th. Investors of record on Monday, September 23rd were issued a dividend of $0.1083 per share. The ex-dividend date of this dividend was Monday, September 23rd.

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.