Stratos Wealth Partners LTD. Has $234,000 Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Stratos Wealth Partners LTD. reduced its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 14.5% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,045 shares of the company’s stock after selling 688 shares during the quarter. Stratos Wealth Partners LTD.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $234,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Harbour Investments Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $27,000. Colonial Trust Advisors bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $71,000. Coppell Advisory Solutions LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 505.4% during the first quarter. Coppell Advisory Solutions LLC now owns 1,562 shares of the company’s stock worth $83,000 after purchasing an additional 1,304 shares during the last quarter. AE Wealth Management LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.0% during the first quarter. AE Wealth Management LLC now owns 2,900 shares of the company’s stock worth $155,000 after purchasing an additional 543 shares during the last quarter. Finally, Concord Asset Management LLC VA bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $226,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $60.57 on Friday. The stock’s fifty day moving average is $59.76 and its 200-day moving average is $57.34. The stock has a market capitalization of $5.20 billion, a PE 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 $58.40.

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.