RFG Advisory LLC Trims Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

RFG Advisory LLC reduced its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 56.0% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 59,704 shares of the company’s stock after selling 75,889 shares during the quarter. RFG Advisory LLC owned 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF worth $4,092,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently made changes to their positions in the stock. Citadel Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $56,909,000. Ashton Thomas Securities LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 4.3% in the first quarter. Ashton Thomas Securities LLC now owns 390,020 shares of the company’s stock valued at $23,448,000 after buying an additional 16,008 shares in the last quarter. Curry Webb Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at $16,619,000. RPg Family Wealth Advisory LLC grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 321.1% in the second quarter. RPg Family Wealth Advisory LLC now owns 261,885 shares of the company’s stock valued at $17,950,000 after buying an additional 199,688 shares in the last quarter. Finally, Gateway Wealth Partners LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at $4,081,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.6%

OMFL opened at $69.43 on Thursday. The stock’s 50-day moving average price is $69.87 and its 200 day moving average price is $66.68. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.12 and a 12-month high of $71.51. The firm has a market cap of $5.96 billion, a price-to-earnings 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.