Invesco Ltd. Sells 287,360 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Invesco Ltd. cut its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.4% during the 4th quarter, Holdings Channel reports. The firm owned 19,623,449 shares of the company’s stock after selling 287,360 shares during the quarter. Invesco Ltd. owned about 0.23% of Invesco Russell 1000 Dynamic Multifactor ETF worth $1,199,581,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently modified their holdings of the company. Foguth Wealth Management LLC. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $9,363,000. MGO One Seven LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% during the 4th quarter. MGO One Seven LLC now owns 75,484 shares of the company’s stock worth $4,614,000 after acquiring an additional 12,577 shares during the period. Independent Advisor Alliance bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $774,000. Concurrent Investment Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 52.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 128,091 shares of the company’s stock worth $7,830,000 after acquiring an additional 43,998 shares during the last quarter. Finally, WCG Wealth Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 249.8% during the 4th quarter. WCG Wealth Advisors LLC now owns 107,819 shares of the company’s stock worth $6,591,000 after acquiring an additional 76,998 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $68.56 on Friday. The business has a fifty day simple moving average of $66.67 and a two-hundred day simple moving average of $63.61. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $55.50 and a 1 year high of $69.36. The company has a market capitalization of $5.88 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

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.