Foguth Wealth Management LLC. Reduces Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Foguth Wealth Management LLC. lessened its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 17.5% in the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 125,263 shares of the company’s stock after selling 26,561 shares during the quarter. Foguth Wealth Management LLC.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $7,531,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Bank of New York Mellon Corp lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the first quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after buying an additional 931,158 shares in the last quarter. Bank of America Corp DE grew its holdings 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 valued at $123,862,000 after buying an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $21,157,000. 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 worth $12,959,000 after acquiring an additional 154,698 shares during the last quarter. Finally, RFG Advisory LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter worth $8,152,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 0.3%

BATS OMFL opened at $69.19 on Friday. The business’s fifty day simple moving average is $68.42 and its 200-day simple moving average is $65.11. The firm has a market cap of $5.94 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $57.12 and a 52 week high of $69.46.

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.