Daner Wealth Management LLC Sells 23,552 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Daner Wealth Management LLC lessened its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 9.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 225,476 shares of the company’s stock after selling 23,552 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up 7.1% of Daner Wealth Management LLC’s portfolio, making the stock its 3rd biggest position. Daner Wealth Management LLC owned approximately 0.26% of Invesco Russell 1000 Dynamic Multifactor ETF worth $13,556,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of the business. Bank of New York Mellon Corp raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after buying an additional 931,158 shares during the period. Bank of America Corp DE lifted its stake in 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 valued at $123,862,000 after buying an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $21,157,000. Matthew Goff Investment Advisor LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $16,394,000. Finally, Axxcess Wealth Management LLC increased its position in shares of 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 acquiring an additional 154,698 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.4%

Shares of OMFL stock opened at $68.79 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.12 and a 12-month high of $69.46. The firm has a fifty day moving average of $68.24 and a 200-day moving average of $64.78. The company has a market capitalization of $5.90 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.