Kingswood Wealth Advisors LLC Has $293,000 Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Kingswood Wealth Advisors LLC cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.9% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,070 shares of the company’s stock after selling 376 shares during the period. Kingswood Wealth Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $293,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of OMFL. Harbour Investments Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $27,000. Colonial Trust Advisors acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $71,000. Coppell Advisory Solutions LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 505.4% during the first quarter. Coppell Advisory Solutions LLC now owns 1,562 shares of the company’s stock worth $83,000 after purchasing an additional 1,304 shares during the period. AE Wealth Management LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 23.0% during the first quarter. AE Wealth Management LLC now owns 2,900 shares of the company’s stock valued at $155,000 after buying an additional 543 shares during the period. Finally, Farther Finance Advisors LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% during the first quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock valued at $158,000 after buying an additional 2,401 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 9.6%

BATS:OMFL opened at $59.10 on Friday. The firm has a market capitalization of $5.07 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $46.79 and a 1-year high of $58.40. The business’s fifty day moving average price is $59.52 and its 200 day moving average price is $56.71.

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.