Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Sold by Axxcess Wealth Management LLC

Axxcess Wealth Management LLC cut its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 51.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 34,027 shares of the company’s stock after selling 36,613 shares during the quarter. Axxcess Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,046,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at $26,000. Flagship Harbor Advisors LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth about $29,000. Sound Income Strategies LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 1st quarter worth about $37,000. O Shaughnessy Asset Management LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% during the 4th quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after buying an additional 258 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% during the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock valued at $52,000 after buying an additional 562 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.4%

OMFL stock opened at $68.51 on Thursday. The firm has a 50-day moving average of $67.79 and a two-hundred day moving average of $64.32. The firm has a market capitalization of $5.88 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $57.12 and a one year high of $69.36.

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.