Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by IFG Advisory LLC

IFG Advisory LLC lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 13.4% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 381,412 shares of the company’s stock after selling 59,145 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 1.1% of IFG Advisory LLC’s investment portfolio, making the stock its 11th biggest position. IFG Advisory LLC owned approximately 0.44% of Invesco Russell 1000 Dynamic Multifactor ETF worth $22,038,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also made changes to their positions in the company. Harbour Investments Inc. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth approximately $27,000. Colonial Trust Advisors acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter worth approximately $71,000. Coppell Advisory Solutions LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 505.4% in the 1st quarter. Coppell Advisory Solutions LLC now owns 1,562 shares of the company’s stock valued at $83,000 after purchasing an additional 1,304 shares during the last quarter. AE Wealth Management LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.0% in the 1st quarter. AE Wealth Management LLC now owns 2,900 shares of the company’s stock valued at $155,000 after purchasing an additional 543 shares in the last quarter. Finally, Richards Merrill & Peterson Inc. raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% in the 2nd quarter. Richards Merrill & Peterson Inc. now owns 2,875 shares of the company’s stock valued at $166,000 after purchasing an additional 238 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 11.5%

Shares of OMFL stock opened at $60.14 on Friday. The company has a market cap of $5.16 billion, a P/E ratio of 27.32 and a beta of 1.02. The firm has a fifty day moving average price of $59.90 and a 200 day moving average price of $57.59. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $58.40.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.