Orrstown Financial Services Inc. Has $54.78 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Orrstown Financial Services Inc. trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 896,112 shares of the company’s stock after selling 31,976 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 9.1% of Orrstown Financial Services Inc.’s portfolio, making the stock its 4th largest position. Orrstown Financial Services Inc. owned about 1.04% of Invesco Russell 1000 Dynamic Multifactor ETF worth $54,779,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of OMFL. NewEdge Advisors LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.8% during the 1st quarter. NewEdge Advisors LLC now owns 17,465 shares of the company’s stock valued at $931,000 after acquiring an additional 477 shares in the last quarter. Elios Financial Group Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 15.0% in the second quarter. Elios Financial Group Inc. now owns 46,093 shares of the company’s stock valued at $2,663,000 after acquiring an additional 6,015 shares during the period. Invesco Ltd. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% in the second quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock worth $1,192,894,000 after purchasing an additional 1,671,104 shares in the last quarter. Baird Financial Group Inc. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $447,000. Finally, Marshall Wace LLP bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth about $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.1%

BATS OMFL opened at $58.61 on Tuesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $47.00 and a 1-year high of $63.99. The company has a market capitalization of $5.03 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The stock’s 50 day moving average is $62.21 and its two-hundred day moving average is $61.20.

Invesco Russell 1000 Dynamic Multifactor ETF 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.