Kestra Advisory Services LLC Increases Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Kestra Advisory Services LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.4% in the first quarter, Holdings Channel.com reports. The fund owned 325,712 shares of the company’s stock after purchasing an additional 7,703 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $19,582,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $29,000. Sound Income Strategies LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at approximately $37,000. 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 valued at $37,000 after purchasing an additional 258 shares during the period. Finally, 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 valued at $52,000 after purchasing an additional 562 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.3%

BATS:OMFL traded up $0.23 during trading hours on Friday, reaching $69.17. 87,670 shares of the stock were exchanged, compared to its average volume of 229,198. The business has a 50-day moving average of $67.95 and a two-hundred day moving average of $64.41. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $57.12 and a twelve month high of $69.36. The company has a market capitalization of $5.94 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

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.