Deseret Mutual Benefit Administrators Has $45.82 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Deseret Mutual Benefit Administrators cut its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 749,613 shares of the company’s stock after selling 47,541 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF accounts for 19.5% of Deseret Mutual Benefit Administrators’ investment portfolio, making the stock its biggest position. Deseret Mutual Benefit Administrators owned approximately 0.87% of Invesco Russell 1000 Dynamic Multifactor ETF worth $45,824,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of OMFL. Bank of America Corp DE increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during 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 purchasing an additional 573,361 shares during the period. Corient Private Wealth LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $21,157,000. Matthew Goff Investment Advisor LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $16,394,000. Axxcess Wealth Management LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 270.0% during the 4th quarter. Axxcess Wealth Management LLC now owns 211,989 shares of the company’s stock valued at $12,959,000 after purchasing an additional 154,698 shares during the period. Finally, Foguth Wealth Management LLC. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $9,363,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $68.93 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $55.50 and a one year high of $69.03. The company has a market capitalization of $5.91 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The company’s 50-day simple moving average is $65.15 and its two-hundred day simple moving average is $62.99.

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.