HB Wealth Management LLC Trims Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

HB Wealth Management LLC lessened its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 51.1% during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 3,631 shares of the company’s stock after selling 3,787 shares during the period. HB Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $210,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of OMFL. Bank of New York Mellon Corp raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the 1st quarter. Bank of New York Mellon Corp now owns 2,632,669 shares of the company’s stock worth $140,348,000 after acquiring an additional 372,297 shares during the period. Waller Financial Planning Group Inc. raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 19.2% during the 2nd quarter. Waller Financial Planning Group Inc. now owns 592,265 shares of the company’s stock worth $34,221,000 after acquiring an additional 95,471 shares during the period. Kingsview Wealth Management LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 629.5% in the first quarter. Kingsview Wealth Management LLC now owns 59,392 shares of the company’s stock worth $3,166,000 after acquiring an additional 51,250 shares during the period. Envestnet Asset Management Inc. grew its position 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 worth $27,836,000 after acquiring an additional 41,385 shares during the period. Finally, Journey Strategic Wealth LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 16.0% in the first quarter. Journey Strategic Wealth LLC now owns 275,287 shares of the company’s stock worth $14,676,000 after acquiring an additional 38,002 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $60.22 on Wednesday. The firm has a market capitalization of $5.17 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $58.40. The stock has a 50 day moving average of $59.40 and a 200 day moving average of $56.60.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.