Centerpoint Advisory Group Reduces Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Centerpoint Advisory Group cut its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 16.1% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 75,237 shares of the company’s stock after selling 14,442 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for approximately 3.9% of Centerpoint Advisory Group’s portfolio, making the stock its 6th biggest holding. Centerpoint Advisory Group’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $4,011,000 at the end of the most recent quarter.

Other institutional investors have also made changes to their positions in the company. US Bancorp DE increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.3% in the fourth quarter. US Bancorp DE now owns 7,252 shares of the company’s stock worth $393,000 after purchasing an additional 1,014 shares during the period. HighTower Advisors LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% in the fourth quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock worth $2,305,000 after purchasing an additional 4,822 shares during the period. Farther Finance Advisors LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% in the first quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock worth $158,000 after purchasing an additional 2,401 shares during the period. LM Advisors LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 7.8% in the fourth quarter. LM Advisors LLC now owns 625,537 shares of the company’s stock worth $33,921,000 after purchasing an additional 45,031 shares during the period. Finally, NBZ Investment Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $13,562,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 3.4%

Shares of OMFL opened at $55.73 on Monday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $57.49. The firm has a market capitalization of $4.76 billion, a price-to-earnings ratio of 26.60 and a beta of 1.02. The stock’s 50-day moving average price is $54.85 and its 200 day moving average price is $54.80.

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.