PAX Financial Group LLC Has $5.70 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

PAX Financial Group LLC trimmed its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 24.6% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 94,797 shares of the company’s stock after selling 31,004 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 1.0% of PAX Financial Group LLC’s portfolio, making the stock its 29th largest position. PAX Financial Group LLC owned 0.11% of Invesco Russell 1000 Dynamic Multifactor ETF worth $5,699,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Bank of America Corp DE lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock valued at $123,862,000 after buying an additional 573,361 shares during the period. Corient Private Wealth LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth approximately $21,157,000. Matthew Goff Investment Advisor LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $16,394,000. Axxcess Wealth Management LLC increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 270.0% in the 4th quarter. Axxcess Wealth Management LLC now owns 211,989 shares of the company’s stock valued at $12,959,000 after acquiring an additional 154,698 shares in the last quarter. Finally, Foguth Wealth Management LLC. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at $9,363,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $68.82 on Friday. The firm has a fifty day simple moving average of $67.57 and a two-hundred day simple moving average of $64.12. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $69.36. The firm has a market capitalization of $5.91 billion, a PE ratio of 27.32 and a beta of 1.02.

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.