Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stock: AlphaCore Capital LLC Lowers Position

AlphaCore Capital LLC lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 69.5% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 10,511 shares of the company’s stock after selling 23,971 shares during the period. AlphaCore Capital LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $733,000 at the end of the most recent reporting period.

Other large investors have also modified their holdings of the company. Bank of New York Mellon Corp lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the first quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after purchasing an additional 931,158 shares during the period. Citadel Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $56,909,000. Envestnet Asset Management Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 136.4% in the 2nd quarter. Envestnet Asset Management Inc. now owns 798,161 shares of the company’s stock valued at $54,706,000 after buying an additional 460,593 shares during the period. Arkadios Wealth Advisors increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% in the 1st quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock valued at $41,909,000 after buying an additional 64,911 shares during the period. Finally, Baldwin Wealth Partners LLC MA purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth $27,960,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $71.24 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $57.12 and a one year high of $72.41. The company has a market cap of $4.70 billion, a P/E ratio of 24.81 and a beta of 0.94. The firm has a fifty day moving average of $70.62 and a two-hundred day moving average of $67.30.

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.