Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Stake Lowered by Asset Allocation Strategies LLC

Asset Allocation Strategies LLC cut its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 15.0% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 109,695 shares of the company’s stock after selling 19,349 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up 1.2% of Asset Allocation Strategies LLC’s portfolio, making the stock its 26th biggest holding. Asset Allocation Strategies LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $6,595,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Foguth Wealth Management LLC. acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $9,363,000. MGO One Seven LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 20.0% during the 4th quarter. MGO One Seven LLC now owns 75,484 shares of the company’s stock worth $4,614,000 after acquiring an additional 12,577 shares in the last quarter. Concurrent Investment Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 52.3% during the 4th quarter. Concurrent Investment Advisors LLC now owns 128,091 shares of the company’s stock valued at $7,830,000 after acquiring an additional 43,998 shares during the last quarter. Independent Advisor Alliance bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $774,000. Finally, RFG Advisory LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at approximately $8,152,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL opened at $67.17 on Monday. The business has a 50 day moving average price of $67.19 and a 200 day moving average price of $63.90. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $57.08 and a twelve month high of $69.36. The firm has a market cap of $5.76 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.