Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stake Trimmed by Sowell Financial Services LLC

Sowell Financial Services LLC cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 41.9% in the third quarter, HoldingsChannel reports. The fund owned 15,617 shares of the company’s stock after selling 11,252 shares during the period. Sowell Financial Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,089,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Curry Webb Wealth Management LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 5.9% in the 3rd quarter. Curry Webb Wealth Management LLC now owns 323,927 shares of the company’s stock worth $22,581,000 after purchasing an additional 18,120 shares in the last quarter. Centennial Advisors LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth approximately $323,000. Retirement Planning Group LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth approximately $2,533,000. Newport Capital Group LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter valued at approximately $221,000. Finally, ACT Advisors LLC. increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 34.0% during the 3rd quarter. ACT Advisors LLC. now owns 5,568 shares of the company’s stock valued at $388,000 after purchasing an additional 1,412 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $70.64 on Monday. The firm has a fifty day moving average price of $70.59 and a 200 day moving average price of $66.89. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $57.12 and a 1 year high of $71.73. The stock has a market cap of $6.06 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.