Elite Life Management LLC Decreases Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Elite Life Management LLC decreased its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 35.3% during the 2nd quarter, according to its most recent disclosure with the SEC. The fund owned 5,267 shares of the company’s stock after selling 2,870 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 0.8% of Elite Life Management LLC’s portfolio, making the stock its 19th biggest holding. Elite Life Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $304,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Envestnet Asset Management Inc. increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.6% during the 1st quarter. Envestnet Asset Management Inc. now owns 522,156 shares of the company’s stock valued at $27,836,000 after acquiring an additional 41,385 shares in the last quarter. San Luis Wealth Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.0% in the second quarter. San Luis Wealth Advisors LLC now owns 98,351 shares of the company’s stock valued at $5,683,000 after purchasing an additional 983 shares during the last quarter. CWM LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6,744.8% in the first quarter. CWM LLC now owns 3,970 shares of the company’s stock valued at $212,000 after purchasing an additional 3,912 shares during the last quarter. Farther Finance Advisors LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 124.6% during the 2nd quarter. Farther Finance Advisors LLC now owns 6,646 shares of the company’s stock worth $384,000 after purchasing an additional 3,687 shares during the last quarter. Finally, PFG Advisors lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% in the 1st quarter. PFG Advisors now owns 51,426 shares of the company’s stock valued at $2,742,000 after buying an additional 806 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS:OMFL opened at $60.14 on Friday. The business’s fifty day moving average price is $59.90 and its two-hundred day moving average price is $57.59. The stock has a market cap of $5.16 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $46.79 and a one year high of $58.40.

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.