Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stock Sold by Balentine LLC

Balentine LLC lowered its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.8% during the third quarter, HoldingsChannel reports. The fund owned 5,074,518 shares of the company’s stock after selling 145,706 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 13.1% of Balentine LLC’s investment portfolio, making the stock its 2nd biggest holding. Balentine LLC owned approximately 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $353,745,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Commonwealth Equity Services LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth about $6,894,000. Integrity Alliance LLC. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at approximately $1,458,000. Avestar Capital LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 52.1% in the third quarter. Avestar Capital LLC now owns 148,028 shares of the company’s stock valued at $10,319,000 after purchasing an additional 50,713 shares in the last quarter. Sigma Planning Corp purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at approximately $640,000. Finally, Simplicity Wealth LLC increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 9.1% in the third quarter. Simplicity Wealth LLC now owns 14,989 shares of the company’s stock valued at $1,045,000 after purchasing an additional 1,252 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.0%

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $69.63 on Friday. The firm’s 50 day moving average is $70.55 and its two-hundred day moving average is $67.09. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $57.12 and a 52 week high of $72.41. The firm has a market capitalization of $5.97 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.