Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Brookstone Capital Management

Brookstone Capital Management lessened its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.8% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 414,256 shares of the company’s stock after selling 35,100 shares during the period. Brookstone Capital Management’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $24,963,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Invesco Ltd. lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% during the second quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock worth $1,192,894,000 after buying an additional 1,671,104 shares during the period. Bank of America Corp DE increased its position in shares of 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 acquiring an additional 573,361 shares during the period. Corient Private Wealth LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $21,157,000. Daner Wealth Management LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $14,491,000. Finally, Kingsview Wealth Management LLC lifted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 207.5% during the 2nd quarter. Kingsview Wealth Management LLC now owns 182,632 shares of the company’s stock worth $10,552,000 after acquiring an additional 123,240 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL stock opened at $61.97 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $58.40. The firm has a market capitalization of $5.32 billion, a PE ratio of 27.32 and a beta of 1.02. The stock’s 50-day simple moving average is $60.34 and its 200-day simple moving average is $59.21.

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.