Royal Bank of Canada Has $3.86 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Royal Bank of Canada decreased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 25.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The fund owned 64,129 shares of the company’s stock after selling 21,806 shares during the period. Royal Bank of Canada owned approximately 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,856,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in OMFL. Gateway Wealth Partners LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $4,081,000. Bollard Group LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $92,000. Parallel Advisors LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the 1st quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock valued at $43,000 after purchasing an additional 160 shares during the period. Frazier Financial Advisors LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% during the first quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock worth $46,000 after buying an additional 750 shares in the last quarter. Finally, Bank of New York Mellon Corp grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the first quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after buying an additional 931,158 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $71.27 on Friday. The firm has a market cap of $6.12 billion, a PE ratio of 27.32 and a beta of 1.02. The business’s 50 day simple moving average is $68.93 and its 200 day simple moving average is $65.69. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $57.12 and a 52-week high of $71.51.

Invesco Russell 1000 Dynamic Multifactor ETF 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.