Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stake Reduced by Kestra Advisory Services LLC

Kestra Advisory Services LLC lowered its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 32.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 422,051 shares of the company’s stock after selling 205,648 shares during the period. Kestra Advisory Services LLC owned about 0.49% of Invesco Russell 1000 Dynamic Multifactor ETF worth $29,421,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also added to or reduced their stakes in OMFL. Bank of New York Mellon Corp boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after buying an additional 931,158 shares during the last quarter. Citadel Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $56,909,000. Envestnet Asset Management Inc. grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 136.4% in the second quarter. Envestnet Asset Management Inc. now owns 798,161 shares of the company’s stock valued at $54,706,000 after buying an additional 460,593 shares in the last quarter. Arkadios Wealth Advisors increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% during the first quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock worth $41,909,000 after buying an additional 64,911 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the third quarter worth $27,960,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.0%

BATS OMFL opened at $69.63 on Friday. The firm’s fifty day moving average price is $70.55 and its two-hundred day moving average price is $67.09. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $57.12 and a 1 year high of $72.41. The firm has a market capitalization of $5.97 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.