Kingsview Wealth Management LLC Cuts Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Kingsview Wealth Management LLC decreased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 50.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 45,836 shares of the company’s stock after selling 46,491 shares during the period. Kingsview Wealth Management LLC owned approximately 0.05% of Invesco Russell 1000 Dynamic Multifactor ETF worth $2,802,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $29,000. PNC Financial Services Group Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% in the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after acquiring an additional 562 shares in the last quarter. Lloyd Advisory Services LLC. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $85,000. International Assets Investment Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $90,000. Finally, Kingdom Financial Group LLC. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $102,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.2%

OMFL opened at $68.52 on Friday. The firm has a market cap of $5.88 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $55.50 and a 12 month high of $68.87. The stock has a 50-day moving average of $64.51 and a 200 day moving average of $62.73.

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.