IFP Advisors Inc Sells 19,959 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

IFP Advisors Inc reduced its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 45.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 24,368 shares of the company’s stock after selling 19,959 shares during the period. IFP Advisors Inc’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,699,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. CoreCap Advisors LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.8% during the second quarter. CoreCap Advisors LLC now owns 911 shares of the company’s stock worth $62,000 after acquiring an additional 157 shares during the last quarter. Parallel Advisors LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% during the first quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock valued at $43,000 after acquiring an additional 160 shares during the period. Petix & Botte Co boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.9% in the first quarter. Petix & Botte Co now owns 16,902 shares of the company’s stock valued at $1,016,000 after acquiring an additional 316 shares during the last quarter. Vantage Point Financial LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 4.5% in the first quarter. Vantage Point Financial LLC now owns 7,495 shares of the company’s stock valued at $451,000 after acquiring an additional 324 shares during the last quarter. Finally, Kestra Private Wealth Services LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% in the first quarter. Kestra Private Wealth Services LLC now owns 7,904 shares of the company’s stock valued at $475,000 after acquiring an additional 352 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.3%

Shares of OMFL stock opened at $71.61 on Thursday. The stock has a 50-day moving average price of $70.55 and a 200 day moving average price of $68.56. The firm has a market cap of $6.14 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $71.73.

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.