Balentine LLC Has $311.46 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Balentine LLC trimmed its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.2% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 5,180,692 shares of the company’s stock after selling 65,405 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 12.5% of Balentine LLC’s investment portfolio, making the stock its 2nd largest position. Balentine LLC owned 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $311,463,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of the business. Defined Wealth Management LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% during the first quarter. Defined Wealth Management LLC now owns 41,828 shares of the company’s stock valued at $2,515,000 after buying an additional 217 shares during the last quarter. O Shaughnessy Asset Management LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after purchasing an additional 258 shares during the period. Axis Wealth Partners LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the fourth quarter. Axis Wealth Partners LLC now owns 9,885 shares of the company’s stock worth $604,000 after purchasing an additional 276 shares during the last quarter. Kestra Private Wealth Services LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% during the first quarter. Kestra Private Wealth Services LLC now owns 7,904 shares of the company’s stock worth $475,000 after purchasing an additional 352 shares during the last quarter. Finally, Muirfield Wealth Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 26,129 shares of the company’s stock valued at $1,597,000 after purchasing an additional 416 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.1%

BATS OMFL opened at $68.46 on Thursday. The stock has a market cap of $5.87 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $69.36. The company’s 50-day moving average price is $67.41 and its 200-day moving average price is $64.04.

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.