Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. lowered its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 36.0% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 136,883 shares of the company’s stock after selling 77,070 shares during the period. Northwestern Mutual Wealth Management Co. owned approximately 0.16% of Invesco Russell 1000 Dynamic Multifactor ETF worth $7,909,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently bought and sold shares of the business. Kingsview Wealth Management LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 207.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 182,632 shares of the company’s stock valued at $10,552,000 after acquiring an additional 123,240 shares during the period. Waller Financial Planning Group Inc. raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 19.2% during the second quarter. Waller Financial Planning Group Inc. now owns 592,265 shares of the company’s stock worth $34,221,000 after purchasing an additional 95,471 shares during the last quarter. Consolidated Planning Corp acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter valued at $3,988,000. Bank of New York Mellon Corp boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.8% in the second quarter. Bank of New York Mellon Corp now owns 2,680,538 shares of the company’s stock valued at $154,882,000 after purchasing an additional 47,869 shares during the last quarter. Finally, Concurrent Investment Advisors LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 154.5% in the second quarter. Concurrent Investment Advisors LLC now owns 71,733 shares of the company’s stock valued at $4,145,000 after purchasing an additional 43,543 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $60.42 on Tuesday. The firm has a market capitalization of $5.18 billion, a P/E ratio of 27.32 and a beta of 1.02. The stock has a 50-day simple moving average of $59.91 and a two-hundred day simple moving average of $58.62. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week 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.