White Pine Investment CO Lowers Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

White Pine Investment CO cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 89.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,646 shares of the company’s stock after selling 41,414 shares during the quarter. White Pine Investment CO’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $284,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Bank of New York Mellon Corp increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock worth $163,632,000 after buying an additional 34,893 shares in the last quarter. Bank of America Corp DE boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares during the period. Mariner LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the 3rd quarter. Mariner LLC now owns 874,962 shares of the company’s stock valued at $52,725,000 after buying an additional 7,203 shares in the last quarter. Deseret Mutual Benefit Administrators lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% in the third quarter. Deseret Mutual Benefit Administrators now owns 797,154 shares of the company’s stock worth $48,036,000 after buying an additional 4,171 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.4% in the third quarter. Arkadios Wealth Advisors now owns 708,344 shares of the company’s stock worth $42,685,000 after buying an additional 36,349 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.3%

Shares of OMFL stock opened at $64.88 on Friday. The company’s fifty day simple moving average is $62.24 and its two-hundred day simple moving average is $61.55. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $51.90 and a 52 week high of $65.22. The stock has a market cap of $5.57 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.