Janney Montgomery Scott LLC Has $8.48 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Janney Montgomery Scott LLC reduced its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 22.4% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 140,993 shares of the company’s stock after selling 40,633 shares during the quarter. Janney Montgomery Scott LLC owned 0.16% of Invesco Russell 1000 Dynamic Multifactor ETF worth $8,477,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in OMFL. LPL Financial LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock worth $170,925,000 after purchasing an additional 89,003 shares in the last quarter. Bank of New York Mellon Corp boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.4% during the fourth quarter. Bank of New York Mellon Corp now owns 2,780,409 shares of the company’s stock worth $169,966,000 after buying an additional 64,978 shares during the period. Bank of America Corp DE boosted its position in shares of 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 during the period. Mariner LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the fourth quarter. Mariner LLC now owns 885,885 shares of the company’s stock worth $54,156,000 after buying an additional 10,923 shares during the period. Finally, Raymond James Financial Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% during the third quarter. Raymond James Financial Inc. now owns 602,377 shares of the company’s stock worth $36,299,000 after buying an additional 27,160 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $68.82 on Friday. The business’s 50 day simple moving average is $67.57 and its 200 day simple moving average is $64.12. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $57.12 and a 52-week high of $69.36. The firm has a market cap of $5.91 billion, a PE 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.