Axxcess Wealth Management LLC Has $2.05 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Axxcess Wealth Management LLC decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 51.8% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 34,027 shares of the company’s stock after selling 36,613 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,046,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of the business. Bank of America Corp DE lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $21,157,000. Matthew Goff Investment Advisor LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $16,394,000. Foguth Wealth Management LLC. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $9,363,000. Finally, RFG Advisory LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at approximately $8,152,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $68.51 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $57.12 and a twelve month high of $69.36. The firm has a market cap of $5.88 billion, a PE ratio of 27.32 and a beta of 1.02. The firm’s 50 day moving average price is $67.79 and its two-hundred day moving average price is $64.32.

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.