Commonwealth Equity Services LLC Sells 22,044 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Commonwealth Equity Services LLC reduced its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 15.1% in the third quarter, according to its most recent filing with the SEC. The institutional investor owned 123,762 shares of the company’s stock after selling 22,044 shares during the period. Commonwealth Equity Services LLC owned about 0.14% of Invesco Russell 1000 Dynamic Multifactor ETF worth $7,458,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently modified their holdings of OMFL. Invesco Ltd. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% during the second quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock worth $1,192,894,000 after buying an additional 1,671,104 shares in the last quarter. Bank of America Corp DE grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after acquiring an additional 573,361 shares in the last quarter. Corient Private Wealth LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $21,157,000. Daner Wealth Management LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $14,491,000. Finally, Kingsview Wealth Management LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 207.5% during the second quarter. Kingsview Wealth Management LLC now owns 182,632 shares of the company’s stock valued at $10,552,000 after purchasing an additional 123,240 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $62.94 on Wednesday. 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 firm’s 50-day simple moving average is $60.88 and its 200 day simple moving average is $59.79. The stock has a market cap of $5.40 billion, a PE 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.