Proactive Wealth Strategies LLC reduced its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report) by 1.3% in the fourth quarter, HoldingsChannel.com reports. The firm owned 52,259 shares of the company’s stock after selling 692 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 1.5% of Proactive Wealth Strategies LLC’s investment portfolio, making the stock its 21st largest holding. Proactive Wealth Strategies LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,834,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also recently modified their holdings of OMFL. Triad Wealth Partners LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the third quarter. Triad Wealth Partners LLC now owns 244,610 shares of the company’s stock valued at $12,962,000 after purchasing an additional 2,839 shares in the last quarter. Fortis Group Advisors LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 70.0% in the third quarter. Fortis Group Advisors LLC now owns 29,445 shares of the company’s stock valued at $1,560,000 after acquiring an additional 12,120 shares in the last quarter. Silver Oak Securities Incorporated increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.6% during the third quarter. Silver Oak Securities Incorporated now owns 148,379 shares of the company’s stock valued at $7,827,000 after acquiring an additional 820 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 5.5% during the third quarter. Arkadios Wealth Advisors now owns 608,099 shares of the company’s stock worth $32,223,000 after acquiring an additional 31,531 shares during the period. Finally, Concord Wealth Partners boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 38.8% in the third quarter. Concord Wealth Partners now owns 5,112 shares of the company’s stock worth $271,000 after purchasing an additional 1,429 shares during the last quarter.
Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 6.2 %
Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $57.29 on Tuesday. The company’s 50-day simple moving average is $55.65 and its two-hundred day simple moving average is $53.84. The stock has a market cap of $6.71 billion, a price-to-earnings ratio of 21.45 and a beta of 0.94.
Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend
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.
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