Commonwealth Equity Services LLC Has $6.71 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Commonwealth Equity Services LLC lowered its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.3% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 109,717 shares of the company’s stock after selling 14,045 shares during the period. Commonwealth Equity Services LLC owned about 0.13% of Invesco Russell 1000 Dynamic Multifactor ETF worth $6,707,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of OMFL. Bank of America Corp DE boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after buying an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $21,157,000. Matthew Goff Investment Advisor LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $16,394,000. Axxcess Wealth Management LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 270.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 211,989 shares of the company’s stock worth $12,959,000 after buying an additional 154,698 shares in the last quarter. Finally, Foguth Wealth Management LLC. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $9,363,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $67.47 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $55.50 and a fifty-two week high of $69.03. The firm’s fifty day moving average price is $65.28 and its two-hundred day moving average price is $63.02. The company has a market capitalization of $5.79 billion, a P/E 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.