Envestnet Portfolio Solutions Inc. Sells 721 Shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Envestnet Portfolio Solutions Inc. decreased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.1% in the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 9,465 shares of the company’s stock after selling 721 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $505,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors also recently modified their holdings of the company. US Bancorp DE grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.3% during the 4th quarter. US Bancorp DE now owns 7,252 shares of the company’s stock worth $393,000 after buying an additional 1,014 shares during the period. HighTower Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% during the 4th quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock worth $2,305,000 after buying an additional 4,822 shares during the period. Farther Finance Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% during the 1st quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock worth $158,000 after buying an additional 2,401 shares during the period. Kingswood Wealth Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 35.4% during the 1st quarter. Kingswood Wealth Advisors LLC now owns 5,446 shares of the company’s stock worth $290,000 after buying an additional 1,424 shares during the period. Finally, LM Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 7.8% during the 4th quarter. LM Advisors LLC now owns 625,537 shares of the company’s stock worth $33,921,000 after buying an additional 45,031 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 5.7%

Shares of OMFL stock opened at $56.99 on Friday. The company has a market cap of $4.89 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $46.79 and a 52 week high of $57.49. The firm has a 50 day moving average of $55.22 and a 200-day moving average of $54.82.

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.