Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Oppenheimer & Co. Inc.

Oppenheimer & Co. Inc. lessened its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 87.9% in the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,731 shares of the company’s stock after selling 49,060 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $406,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Invesco Ltd. increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% in 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 during the last quarter. Bank of New York Mellon Corp boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during the third quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock valued at $163,632,000 after acquiring an additional 34,893 shares during the period. Bank of America Corp DE grew its position in 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 purchasing an additional 573,361 shares during the last quarter. Deseret Mutual Benefit Administrators increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% in the 3rd quarter. Deseret Mutual Benefit Administrators now owns 797,154 shares of the company’s stock valued at $48,036,000 after acquiring an additional 4,171 shares during the period. Finally, Arkadios Wealth Advisors increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.4% during the third quarter. Arkadios Wealth Advisors now owns 708,344 shares of the company’s stock valued at $42,685,000 after purchasing an additional 36,349 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.9%

Shares of BATS:OMFL opened at $63.12 on Thursday. The firm has a market cap of $5.42 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $47.00 and a twelve month high of $63.99. The company has a 50 day moving average of $62.37 and a 200-day moving average of $60.68.

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.