Dynamic Advisor Solutions LLC Reduces Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Dynamic Advisor Solutions LLC reduced its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 76.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 62,469 shares of the company’s stock after selling 200,532 shares during the quarter. Dynamic Advisor Solutions LLC owned about 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,819,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global Retirement Partners LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $517,000. Ashton Thomas Securities LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 138.8% during the third quarter. Ashton Thomas Securities LLC now owns 362,846 shares of the company’s stock worth $21,868,000 after acquiring an additional 210,910 shares during the last quarter. Concurrent Investment Advisors LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 17.2% during the third quarter. Concurrent Investment Advisors LLC now owns 84,093 shares of the company’s stock worth $5,067,000 after acquiring an additional 12,360 shares during the last quarter. Avestar Capital LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the 2nd quarter. Avestar Capital LLC now owns 90,401 shares of the company’s stock worth $5,223,000 after acquiring an additional 20,091 shares during the period. Finally, Corient Private Wealth LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth approximately $21,157,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL opened at $60.53 on Tuesday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $47.00 and a fifty-two week high of $63.99. The company has a market capitalization of $5.19 billion, a PE ratio of 27.32 and a beta of 1.02. The stock has a fifty day moving average of $62.51 and a two-hundred day moving average of $61.19.

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.