Cerity Partners LLC Lowers Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Cerity Partners LLC reduced its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.3% during the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 45,389 shares of the company’s stock after selling 2,516 shares during the period. Cerity Partners LLC owned approximately 0.05% of Invesco Russell 1000 Dynamic Multifactor ETF worth $2,420,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. HighTower Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% during the fourth quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock valued at $2,305,000 after purchasing an additional 4,822 shares in the last quarter. Envestnet Asset Management Inc. increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.6% in the first quarter. Envestnet Asset Management Inc. now owns 522,156 shares of the company’s stock valued at $27,836,000 after buying an additional 41,385 shares in the last quarter. Farther Finance Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% in the first quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock valued at $158,000 after purchasing an additional 2,401 shares during the period. Kingswood Wealth Advisors LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 35.4% during the first quarter. Kingswood Wealth Advisors LLC now owns 5,446 shares of the company’s stock worth $290,000 after acquiring an additional 1,424 shares during the last quarter. Finally, Bessemer Group Inc. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $406,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 7.1%

Shares of OMFL opened at $57.78 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $58.20. The firm’s 50 day moving average price is $56.69 and its 200 day moving average price is $55.05. The company has a market cap of $4.96 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.