LPL Financial LLC Has $170.93 Million Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

LPL Financial LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 2,796,098 shares of the company’s stock after buying an additional 89,003 shares during the quarter. LPL Financial LLC owned about 3.26% of Invesco Russell 1000 Dynamic Multifactor ETF worth $170,925,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the company. Foguth Wealth Management LLC. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $9,363,000. MGO One Seven LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% in the fourth quarter. MGO One Seven LLC now owns 75,484 shares of the company’s stock worth $4,614,000 after purchasing an additional 12,577 shares during the period. Independent Advisor Alliance acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $774,000. Concurrent Investment Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 52.3% in the fourth quarter. Concurrent Investment Advisors LLC now owns 128,091 shares of the company’s stock worth $7,830,000 after purchasing an additional 43,998 shares during the period. Finally, WCG Wealth Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 249.8% in the fourth quarter. WCG Wealth Advisors LLC now owns 107,819 shares of the company’s stock worth $6,591,000 after purchasing an additional 76,998 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.3%

BATS:OMFL opened at $66.66 on Thursday. The stock has a market capitalization of $5.72 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The firm has a fifty day simple moving average of $65.76 and a two-hundred day simple moving average of $63.25. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $55.50 and a 12 month high of $69.03.

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.