Rooted Wealth Advisors Inc. Sells 8,753 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Rooted Wealth Advisors Inc. lessened its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 35.7% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 15,790 shares of the company’s stock after selling 8,753 shares during the quarter. Rooted Wealth Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,027,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Defined Wealth Management LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% in the first quarter. Defined Wealth Management LLC now owns 41,828 shares of the company’s stock valued at $2,515,000 after purchasing an additional 217 shares during the last quarter. O Shaughnessy Asset Management LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after purchasing an additional 258 shares during the last quarter. Axis Wealth Partners LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the 4th quarter. Axis Wealth Partners LLC now owns 9,885 shares of the company’s stock worth $604,000 after purchasing an additional 276 shares during the last quarter. HighTower Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 0.7% during the 3rd quarter. HighTower Advisors LLC now owns 40,645 shares of the company’s stock valued at $2,449,000 after purchasing an additional 285 shares during the period. Finally, Kestra Private Wealth Services LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 4.7% during the 1st quarter. Kestra Private Wealth Services LLC now owns 7,904 shares of the company’s stock valued at $475,000 after purchasing an additional 352 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.5%

OMFL opened at $67.17 on Friday. The stock’s 50 day moving average price is $67.19 and its two-hundred day moving average price is $63.88. The firm has a market capitalization of $5.76 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.08 and a 12-month high of $69.36.

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.