Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Deseret Mutual Benefit Administrators

Deseret Mutual Benefit Administrators cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.0% in the fourth quarter, Holdings Channel reports. The firm owned 749,613 shares of the company’s stock after selling 47,541 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 19.5% of Deseret Mutual Benefit Administrators’ holdings, making the stock its largest position. Deseret Mutual Benefit Administrators’ holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $45,824,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of OMFL. Flagship Harbor Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $29,000. PNC Financial Services Group Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% during 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. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $85,000. International Assets Investment Management LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $90,000. Finally, Kingdom Financial Group LLC. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $102,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $68.93 on Friday. The firm has a fifty day moving average price of $65.15 and a 200 day moving average price of $62.99. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $55.50 and a 1 year high of $69.03. The stock has a market cap of $5.91 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.