Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Rooted Wealth Advisors Inc.

Rooted Wealth Advisors Inc. cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 75.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 24,543 shares of the company’s stock after selling 77,121 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,533,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. Bank of New York Mellon Corp raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during 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 during the period. Bank of America Corp DE raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after buying an additional 573,361 shares during the period. Mariner LLC raised its stake in shares of 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 worth $52,725,000 after buying an additional 7,203 shares during the period. Raymond James Financial Inc. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% during the 3rd quarter. Raymond James Financial Inc. now owns 602,377 shares of the company’s stock worth $36,299,000 after buying an additional 27,160 shares during the period. Finally, Cambridge Investment Research Advisors Inc. raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.8% during the 4th quarter. Cambridge Investment Research Advisors Inc. now owns 547,865 shares of the company’s stock worth $33,491,000 after buying an additional 19,851 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL stock opened at $68.11 on Monday. The company has a market cap of $5.84 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The stock has a 50 day simple moving average of $63.81 and a 200-day simple moving average of $62.45. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $54.94 and a 1-year high of $68.32.

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.