HBK Sorce Advisory LLC Has $49.29 Million Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

HBK Sorce Advisory LLC lowered its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 4.7% in the 4th quarter, Holdings Channel.com reports. The firm owned 780,244 shares of the company’s stock after selling 38,200 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up 1.1% of HBK Sorce Advisory LLC’s holdings, making the stock its 9th biggest holding. HBK Sorce Advisory LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $49,288,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Bank of New York Mellon Corp boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% in the 3rd quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock valued at $163,632,000 after buying an additional 34,893 shares during the period. Foguth Wealth Management LLC. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $9,363,000. Independent Advisor Alliance acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $774,000. Thrivent Financial for Lutherans boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 328.8% in the 3rd quarter. Thrivent Financial for Lutherans now owns 17,148 shares of the company’s stock valued at $1,033,000 after buying an additional 13,149 shares during the period. Finally, AlphaCore Capital LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $2,098,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $68.11 on Monday. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $54.94 and a one year high of $68.32. The company has a 50-day simple moving average of $63.81 and a 200-day simple moving average of $62.45. The firm has a market capitalization of $5.84 billion, a PE ratio of 27.32 and a beta of 1.02.

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.