Cozad Asset Management Inc. cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report) by 12.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 56,174 shares of the company’s stock after selling 7,688 shares during the quarter. Cozad Asset Management Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,995,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Bank of New York Mellon Corp grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% during the 1st quarter. Bank of New York Mellon Corp now owns 2,632,669 shares of the company’s stock worth $140,348,000 after purchasing an additional 372,297 shares during the period. Solano Wealth Investment Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth $8,824,000. IHT Wealth Management LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.3% during the 4th quarter. IHT Wealth Management LLC now owns 471,303 shares of the company’s stock worth $25,559,000 after purchasing an additional 89,194 shares during the period. Kingsview Wealth Management LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 629.5% during the 1st quarter. Kingsview Wealth Management LLC now owns 59,392 shares of the company’s stock worth $3,166,000 after purchasing an additional 51,250 shares during the period. Finally, Envestnet Asset Management Inc. grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.6% during the 1st 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 during the period.
Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 8.2%
BATS OMFL opened at $58.35 on Tuesday. The stock has a market cap of $5.01 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $46.79 and a twelve month high of $58.40. The stock has a fifty day simple moving average of $56.97 and a 200-day simple moving average of $55.21.
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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