Balentine LLC Sells 71,218 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Balentine LLC trimmed its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 5,548,233 shares of the company’s stock after selling 71,218 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 12.3% of Balentine LLC’s holdings, making the stock its 3rd largest position. Balentine LLC owned 6.47% of Invesco Russell 1000 Dynamic Multifactor ETF worth $334,337,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the stock. Atria Investments Inc bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $346,000. Global Retirement Partners LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $517,000. Ashton Thomas Securities LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 138.8% in the 3rd quarter. Ashton Thomas Securities LLC now owns 362,846 shares of the company’s stock valued at $21,868,000 after purchasing an additional 210,910 shares during the last quarter. Assetmark Inc. increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 19.6% in the 2nd quarter. Assetmark Inc. now owns 10,839 shares of the company’s stock valued at $626,000 after purchasing an additional 1,776 shares during the last quarter. Finally, Concurrent Investment Advisors LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 17.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 84,093 shares of the company’s stock worth $5,067,000 after buying an additional 12,360 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.4%

Shares of OMFL stock opened at $62.57 on Tuesday. The business has a fifty day simple moving average of $62.31 and a 200 day simple moving average of $60.63. The company has a market cap of $5.37 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.

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.