LPL Financial LLC Purchases 89,003 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

LPL Financial LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.3% during the fourth quarter, Holdings Channel reports. The firm owned 2,796,098 shares of the company’s stock after acquiring an additional 89,003 shares during the period. LPL Financial LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $170,925,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Flagship Harbor Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $29,000. O Shaughnessy Asset Management LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after acquiring an additional 258 shares during the period. PNC Financial Services Group Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% in the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after acquiring an additional 562 shares during the period. Lloyd Advisory Services LLC. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $85,000. Finally, International Assets Investment Management LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $90,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $66.66 on Thursday. The firm has a market cap of $5.72 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $55.50 and a 52 week high of $69.03. The firm’s 50-day simple moving average is $65.76 and its two-hundred day simple moving average is $63.25.

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.