Invesco Russell 1000 Dynamic Multifactor ETF $OMFL is Financial Designs Corp’s 3rd Largest Position

Financial Designs Corp trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.9% during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 219,670 shares of the company’s stock after selling 16,206 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 7.8% of Financial Designs Corp’s portfolio, making the stock its 3rd biggest holding. Financial Designs Corp owned about 0.26% of Invesco Russell 1000 Dynamic Multifactor ETF worth $12,693,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Mascagni Wealth Management Inc. purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth approximately $30,000. Flagstar Advisors Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.5% in the first quarter. Flagstar Advisors Inc. now owns 14,391 shares of the company’s stock worth $767,000 after acquiring an additional 350 shares during the period. Signal Advisors Wealth LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.9% during the 1st quarter. Signal Advisors Wealth LLC now owns 28,484 shares of the company’s stock worth $1,518,000 after acquiring an additional 2,559 shares during the last quarter. Orrstown Financial Services Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.3% during the 1st quarter. Orrstown Financial Services Inc. now owns 986,930 shares of the company’s stock valued at $52,613,000 after acquiring an additional 2,665 shares during the period. Finally, 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 valued at $158,000 after acquiring an additional 2,401 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $60.04 on Friday. The stock has a market cap of $5.15 billion, a P/E ratio of 27.32 and a beta of 1.02. The stock’s fifty day moving average is $59.12 and its 200 day moving average is $56.24. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $46.79 and a one year high of $58.40.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.