Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by NBZ Investment Advisors LLC

NBZ Investment Advisors LLC cut its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 31.2% in the 2nd quarter, Holdings Channel reports. The fund owned 63,936 shares of the company’s stock after selling 29,059 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 2.1% of NBZ Investment Advisors LLC’s investment portfolio, making the stock its 14th biggest position. NBZ Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $3,694,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of OMFL. Silver Oak Securities Incorporated grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the first quarter. Silver Oak Securities Incorporated now owns 138,612 shares of the company’s stock valued at $7,316,000 after acquiring an additional 1,581 shares in the last quarter. Bank of New York Mellon Corp grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the first quarter. Bank of New York Mellon Corp now owns 2,632,669 shares of the company’s stock valued at $140,348,000 after acquiring an additional 372,297 shares in the last quarter. Envestnet Asset Management Inc. grew its stake in 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 worth $27,836,000 after purchasing an additional 41,385 shares in the last quarter. Moloney Securities Asset Management LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% in the first quarter. Moloney Securities Asset Management LLC now owns 13,033 shares of the company’s stock worth $695,000 after purchasing an additional 1,479 shares in the last quarter. Finally, CWM LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 6,744.8% in the first quarter. CWM LLC now owns 3,970 shares of the company’s stock worth $212,000 after purchasing an additional 3,912 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS:OMFL opened at $60.19 on Friday. The company has a market capitalization of $5.16 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $46.79 and a one year high of $58.40. The stock has a 50-day simple moving average of $59.92 and a 200 day simple moving average of $57.64.

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.