Northwestern Mutual Wealth Management Co. Sells 10,711 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Northwestern Mutual Wealth Management Co. decreased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 118,480 shares of the company’s stock after selling 10,711 shares during the period. Northwestern Mutual Wealth Management Co.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $7,243,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $29,000. PNC Financial Services Group Inc. increased its holdings in shares of 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 buying an additional 562 shares during the last quarter. Lloyd Advisory Services LLC. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $85,000. International Assets Investment Management LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $90,000. Finally, Kingdom Financial Group LLC. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $102,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $68.61 on Wednesday. The company’s fifty day moving average price is $64.66 and its 200-day moving average price is $62.80. The firm has a market capitalization of $5.89 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $55.50 and a one year high of $68.87.

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.