Brookstone Capital Management reduced its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report) by 1.4% in the first quarter, HoldingsChannel reports. The institutional investor owned 344,274 shares of the company’s stock after selling 4,928 shares during the period. Brookstone Capital Management’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $19,014,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently modified their holdings of OMFL. Stifel Financial Corp grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 124.3% in the third quarter. Stifel Financial Corp now owns 156,241 shares of the company’s stock valued at $7,162,000 after purchasing an additional 86,577 shares in the last quarter. Jacobi Capital Management LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $216,000. Tower Research Capital LLC TRC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $762,000. SRS Capital Advisors Inc. purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $141,000. Finally, V Wealth Advisors LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter valued at $343,000.
Invesco Russell 1000 Dynamic Multifactor ETF Price Performance
Shares of OMFL stock traded down $0.58 on Tuesday, reaching $52.56. The company’s stock had a trading volume of 296,287 shares. The stock’s 50-day simple moving average is $53.08 and its two-hundred day simple moving average is $52.15. The stock has a market capitalization of $6.16 billion, a P/E ratio of 21.45 and a beta of 0.94.
Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend
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.
Featured Articles
- Five stocks we like better than Invesco Russell 1000 Dynamic Multifactor ETF
- 3 Tickers Leading a Meme Stock Revival
- Chipotle Mexican Grill Stock Split: Where Does it Go From Here?
- P/E Ratio Calculation: How to Assess Stocks
- Arm Holdings and Micron: Top 2 AI Stocks to Buy and Hold
- How to Invest in the FAANG Stocks
- Best Buy Stock May Be Best Bought Before the Holiday Season
Want to see what other hedge funds are holding OMFL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report).
Receive News & Ratings for Invesco Russell 1000 Dynamic Multifactor ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Invesco Russell 1000 Dynamic Multifactor ETF and related companies with MarketBeat.com's FREE daily email newsletter.