Williams & Novak LLC Cuts Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Williams & Novak LLC reduced its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 57.6% during the second quarter, Holdings Channel reports. The fund owned 5,667 shares of the company’s stock after selling 7,700 shares during the period. Williams & Novak LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $388,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at $26,000. Flagship Harbor Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $29,000. Sound Income Strategies LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter valued at about $37,000. O Shaughnessy Asset Management LLC boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock valued at $37,000 after buying an additional 258 shares during the period. Finally, Parallel Advisors LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% during the first quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock valued at $43,000 after buying an additional 160 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.4%

Shares of BATS:OMFL opened at $71.17 on Friday. The stock has a market capitalization of $6.11 billion, a P/E ratio of 27.32 and a beta of 1.02. The stock’s 50-day moving average price is $68.65 and its 200-day moving average price is $65.39. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.12 and a 12-month high of $71.48.

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.