LM Advisors LLC Has $2.32 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

LM Advisors LLC decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 93.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 37,863 shares of the company’s stock after selling 584,650 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 1.3% of LM Advisors LLC’s investment portfolio, making the stock its 11th biggest holding. LM Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,315,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of OMFL. NewEdge Advisors LLC grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.8% during the 1st quarter. NewEdge Advisors LLC now owns 17,465 shares of the company’s stock worth $931,000 after buying an additional 477 shares during the period. Baird Financial Group Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth approximately $447,000. Marshall Wace LLP acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth approximately $218,000. Raymond James Financial Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 19.0% during the 2nd quarter. Raymond James Financial Inc. now owns 575,217 shares of the company’s stock worth $33,236,000 after buying an additional 91,888 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 84.2% during the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,755 shares of the company’s stock worth $621,000 after buying an additional 4,915 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $68.08 on Friday. The company has a 50 day moving average of $66.07 and a 200-day moving average of $63.35. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $55.50 and a one year high of $69.03. The stock has a market cap of $5.84 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

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.