Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by HBK Sorce Advisory LLC

HBK Sorce Advisory LLC decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.1% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 873,283 shares of the company’s stock after selling 56,971 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 1.4% of HBK Sorce Advisory LLC’s investment portfolio, making the stock its 7th largest position. HBK Sorce Advisory LLC owned 1.02% of Invesco Russell 1000 Dynamic Multifactor ETF worth $50,458,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of the business. Cullen Frost Bankers Inc. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the second quarter. Cullen Frost Bankers Inc. now owns 24,263 shares of the company’s stock worth $1,402,000 after acquiring an additional 199 shares in the last quarter. Richards Merrill & Peterson Inc. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% during the second quarter. Richards Merrill & Peterson Inc. now owns 2,875 shares of the company’s stock worth $166,000 after acquiring an additional 238 shares in the last quarter. Sowell Financial Services LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.5% during the second quarter. Sowell Financial Services LLC now owns 18,712 shares of the company’s stock worth $1,081,000 after acquiring an additional 272 shares in the last quarter. Harbour Investments Inc. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 58.1% during the second quarter. Harbour Investments Inc. now owns 792 shares of the company’s stock worth $46,000 after acquiring an additional 291 shares in the last quarter. Finally, Moloney Securities Asset Management LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.5% during the second quarter. Moloney Securities Asset Management LLC now owns 13,486 shares of the company’s stock worth $779,000 after acquiring an additional 453 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 12.4%

Shares of BATS OMFL opened at $60.62 on Thursday. The stock has a 50-day moving average price of $59.87 and a two-hundred day moving average price of $57.57. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $58.40. The company has a market cap of $5.20 billion, a price-to-earnings 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.