Orrstown Financial Services Inc. Raises Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Orrstown Financial Services Inc. lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% in the 4th quarter, Holdings Channel.com reports. The firm owned 984,265 shares of the company’s stock after acquiring an additional 32,741 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 14.3% of Orrstown Financial Services Inc.’s holdings, making the stock its 2nd largest holding. Orrstown Financial Services Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $53,377,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the business. Petix & Botte Co lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% during the fourth quarter. Petix & Botte Co now owns 19,194 shares of the company’s stock valued at $1,041,000 after acquiring an additional 864 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the 4th quarter. Dynamic Advisor Solutions LLC now owns 241,883 shares of the company’s stock worth $13,117,000 after buying an additional 765 shares during the last quarter. Seros Financial LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $1,053,000. Janney Montgomery Scott LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.4% in the fourth quarter. Janney Montgomery Scott LLC now owns 295,456 shares of the company’s stock valued at $16,023,000 after buying an additional 1,152 shares during the last quarter. Finally, HB Wealth Management LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 18.2% during the fourth quarter. HB Wealth Management LLC now owns 8,286 shares of the company’s stock worth $449,000 after acquiring an additional 1,274 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 4.3 %

Shares of OMFL traded up $2.30 during trading hours on Wednesday, reaching $56.22. 632,574 shares of the company traded hands. The stock has a 50-day simple moving average of $55.27 and a two-hundred day simple moving average of $53.21. The company has a market capitalization of $6.59 billion, a PE ratio of 21.45 and a beta of 0.94.

Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.0768 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.