Balentine LLC Lowers Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Balentine LLC trimmed its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.2% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 5,180,692 shares of the company’s stock after selling 65,405 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises 12.5% of Balentine LLC’s portfolio, making the stock its 2nd biggest holding. Balentine LLC owned about 6.04% of Invesco Russell 1000 Dynamic Multifactor ETF worth $311,463,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. Foguth Wealth Management LLC. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $9,363,000. MGO One Seven LLC increased its position 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 buying an additional 12,577 shares in the last quarter. Concurrent Investment Advisors LLC increased its position 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 buying an additional 43,998 shares in the last quarter. Independent Advisor Alliance bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth about $774,000. Finally, RFG Advisory LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth about $8,152,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.1%

OMFL stock opened at $68.46 on Thursday. The stock has a market cap of $5.87 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $57.12 and a twelve month high of $69.36. The business’s 50-day moving average price is $67.41 and its 200-day moving average price is $64.04.

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.