Orrstown Financial Services Inc. Has $55.93 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Orrstown Financial Services Inc. decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 928,088 shares of the company’s stock after selling 70,975 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 9.6% of Orrstown Financial Services Inc.’s portfolio, making the stock its 3rd largest position. Orrstown Financial Services Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $55,927,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in OMFL. Atria Investments Inc acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $346,000. San Luis Wealth Advisors LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.0% in the second quarter. San Luis Wealth Advisors LLC now owns 98,351 shares of the company’s stock valued at $5,683,000 after purchasing an additional 983 shares in the last quarter. Global Retirement Partners LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $517,000. Farther Finance Advisors LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 124.6% in the 2nd quarter. Farther Finance Advisors LLC now owns 6,646 shares of the company’s stock valued at $384,000 after buying an additional 3,687 shares during the last quarter. Finally, Assetmark Inc. boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 19.6% during the 2nd quarter. Assetmark Inc. now owns 10,839 shares of the company’s stock worth $626,000 after acquiring an additional 1,776 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $61.30 on Friday. The stock has a market cap of $5.26 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $58.40. The firm’s 50-day simple moving average is $60.21 and its 200 day simple moving average is $59.10.

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.