Orrstown Financial Services Inc. Lowers Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Orrstown Financial Services Inc. lowered its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 896,112 shares of the company’s stock after selling 31,976 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 9.1% of Orrstown Financial Services Inc.’s holdings, making the stock its 4th biggest holding. Orrstown Financial Services Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $54,779,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in OMFL. Mather Group LLC. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at about $29,000. PNC Financial Services Group Inc. increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% during the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after buying an additional 562 shares in the last quarter. Transcend Capital Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth approximately $201,000. MOR Wealth Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $208,000. Finally, Marshall Wace LLP acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $58.61 on Tuesday. The company has a market capitalization of $5.03 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $47.00 and a one year high of $63.99. The business’s 50 day simple moving average is $62.21 and its 200-day simple moving average is $61.20.

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.