Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Sowell Financial Services LLC

Sowell Financial Services LLC decreased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 41.9% during the third quarter, HoldingsChannel reports. The fund owned 15,617 shares of the company’s stock after selling 11,252 shares during the quarter. Sowell Financial Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $1,089,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Retirement Planning Group LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth about $2,533,000. Newport Capital Group LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter valued at about $221,000. ACT Advisors LLC. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 34.0% during the 3rd quarter. ACT Advisors LLC. now owns 5,568 shares of the company’s stock valued at $388,000 after purchasing an additional 1,412 shares during the last quarter. Mather Group LLC. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter valued at about $64,000. Finally, Liberty Atlantic Advisors LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 81.6% in the 3rd quarter. Liberty Atlantic Advisors LLC now owns 11,330 shares of the company’s stock worth $790,000 after purchasing an additional 5,092 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $70.75 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $57.12 and a 1-year high of $71.73. The firm has a market capitalization of $6.07 billion, a P/E ratio of 27.32 and a beta of 1.02. The company’s 50-day moving average is $70.54 and its 200 day moving average is $68.65.

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.