Apollon Wealth Management LLC Lowers Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Apollon Wealth Management LLC trimmed its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 17.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,655 shares of the company’s stock after selling 4,824 shares during the period. Apollon Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,309,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also made changes to their positions in the company. Envestnet Asset Management Inc. lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.6% in the first quarter. Envestnet Asset Management Inc. now owns 522,156 shares of the company’s stock valued at $27,836,000 after acquiring an additional 41,385 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% in the first quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock worth $158,000 after purchasing an additional 2,401 shares during the last quarter. San Luis Wealth Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.0% in the second quarter. San Luis Wealth Advisors LLC now owns 98,351 shares of the company’s stock worth $5,683,000 after purchasing an additional 983 shares during the last quarter. Bessemer Group Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth about $406,000. Finally, Kingswood Wealth Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 35.4% in the first quarter. Kingswood Wealth Advisors LLC now owns 5,446 shares of the company’s stock worth $290,000 after purchasing an additional 1,424 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 10.9%

Shares of OMFL stock opened at $59.78 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $58.40. The stock’s 50-day moving average price is $59.59 and its 200-day moving average price is $56.81. The stock has a market capitalization of $5.13 billion, a price-to-earnings 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.