Kingsview Wealth Management LLC Trims Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Kingsview Wealth Management LLC lowered its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 50.4% during the 4th quarter, HoldingsChannel reports. The fund owned 45,836 shares of the company’s stock after selling 46,491 shares during the period. Kingsview Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,802,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Axis Wealth Partners LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.9% during the fourth quarter. Axis Wealth Partners LLC now owns 9,885 shares of the company’s stock valued at $604,000 after buying an additional 276 shares during the period. HighTower Advisors LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.7% during the third quarter. HighTower Advisors LLC now owns 40,645 shares of the company’s stock valued at $2,449,000 after buying an additional 285 shares during the period. Assetmark Inc. boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.2% during the third quarter. Assetmark Inc. now owns 11,188 shares of the company’s stock valued at $674,000 after buying an additional 349 shares during the period. Muirfield Wealth Advisors LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.6% during the fourth quarter. Muirfield Wealth Advisors LLC now owns 26,129 shares of the company’s stock valued at $1,597,000 after buying an additional 416 shares during the period. Finally, Ashton Thomas Private Wealth LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.8% during the third quarter. Ashton Thomas Private Wealth LLC now owns 25,858 shares of the company’s stock valued at $1,558,000 after buying an additional 465 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $68.52 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $55.50 and a 1 year high of $68.87. The business has a 50 day simple moving average of $64.51 and a two-hundred day simple moving average of $62.73. 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 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.