Invesco Ltd. Sells 287,360 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Invesco Ltd. trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.4% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 19,623,449 shares of the company’s stock after selling 287,360 shares during the period. Invesco Ltd. owned about 22.87% of Invesco Russell 1000 Dynamic Multifactor ETF worth $1,199,581,000 at the end of the most recent quarter.

Several other hedge funds also recently modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $29,000. O Shaughnessy Asset Management LLC grew 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 valued at $37,000 after purchasing an additional 258 shares in the last quarter. PNC Financial Services Group Inc. grew its stake 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 valued at $52,000 after purchasing an additional 562 shares in the last quarter. Finally, Lloyd Advisory Services LLC. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $85,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.9%

BATS:OMFL opened at $68.56 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $55.50 and a twelve month high of $69.36. The firm has a market capitalization of $5.88 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The stock’s 50 day moving average price is $66.67 and its two-hundred day moving average price is $63.61.

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.