PFG Advisors Sells 24,475 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

PFG Advisors cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 44.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 30,199 shares of the company’s stock after selling 24,475 shares during the period. PFG Advisors’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,846,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the business. CWM LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 5.8% during the third quarter. CWM LLC now owns 4,372 shares of the company’s stock valued at $263,000 after acquiring an additional 238 shares during the period. Axis Wealth Partners LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the third quarter. Axis Wealth Partners LLC now owns 9,609 shares of the company’s stock valued at $579,000 after acquiring an additional 271 shares during the period. HighTower Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 0.7% during the third quarter. HighTower Advisors LLC now owns 40,645 shares of the company’s stock valued at $2,449,000 after acquiring an additional 285 shares during the period. Atlas Legacy Advisors LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the third quarter. Atlas Legacy Advisors LLC now owns 26,713 shares of the company’s stock valued at $1,610,000 after acquiring an additional 322 shares during the period. Finally, Assetmark Inc. raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.2% during the third quarter. Assetmark Inc. now owns 11,188 shares of the company’s stock valued at $674,000 after acquiring an additional 349 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.8%

BATS:OMFL opened at $65.09 on Thursday. The business’s 50-day simple moving average is $62.19 and its two-hundred day simple moving average is $61.52. The stock has a market cap of $5.59 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $51.76 and a 52 week high of $65.22.

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.