Williams & Novak LLC Sells 7,700 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Williams & Novak LLC trimmed its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 57.6% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor 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 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Bank of New York Mellon Corp raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after purchasing an additional 931,158 shares during the period. LPL Financial LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock worth $170,925,000 after purchasing an additional 89,003 shares during the period. Bank of America Corp DE boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares during the period. Mariner LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the 4th quarter. Mariner LLC now owns 885,885 shares of the company’s stock worth $54,156,000 after purchasing an additional 10,923 shares during the period. Finally, Arkadios Wealth Advisors grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% during the 1st quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock valued at $41,909,000 after buying an additional 64,911 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.4%

Shares of OMFL opened at $71.17 on Friday. The business’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 twelve month low of $57.12 and a twelve month high of $71.48. The stock has a market cap of $6.11 billion, a PE 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.