ERn Financial LLC Sells 91,324 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

ERn Financial LLC trimmed its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 35.3% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 167,428 shares of the company’s stock after selling 91,324 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 1.9% of ERn Financial LLC’s portfolio, making the stock its 16th biggest holding. ERn Financial LLC owned about 0.20% of Invesco Russell 1000 Dynamic Multifactor ETF worth $10,235,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently modified their holdings of the stock. Mather Group LLC. purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 3rd quarter worth about $29,000. PNC Financial Services Group Inc. boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% in the 3rd quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after purchasing an additional 562 shares in the last quarter. Transcend Capital Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter valued at about $201,000. MOR Wealth Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $208,000. Finally, Marshall Wace LLP bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $60.12 on Wednesday. The company has a 50-day simple moving average of $62.18 and a two-hundred day simple moving average of $61.20. The stock has a market capitalization of $5.16 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 $47.00 and a 52-week 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.