Envestnet Portfolio Solutions Inc. Lowers Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Envestnet Portfolio Solutions Inc. cut its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.1% during the 1st quarter, HoldingsChannel.com reports. The firm owned 9,465 shares of the company’s stock after selling 721 shares during the quarter. Envestnet Portfolio Solutions Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $505,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the company. Kingswood Wealth Advisors LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 35.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 5,446 shares of the company’s stock worth $290,000 after buying an additional 1,424 shares during the last quarter. Sowell Financial Services LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 15.3% in the 1st quarter. Sowell Financial Services LLC now owns 18,440 shares of the company’s stock worth $983,000 after buying an additional 2,443 shares during the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 303,484 shares of the company’s stock worth $16,179,000 after buying an additional 8,028 shares during the last quarter. Dynamic Advisor Solutions LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6.9% in the 1st quarter. Dynamic Advisor Solutions LLC now owns 258,493 shares of the company’s stock worth $13,780,000 after buying an additional 16,610 shares during the last quarter. Finally, Goldstone Financial Group LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 54.5% in the 1st quarter. Goldstone Financial Group LLC now owns 14,242 shares of the company’s stock worth $759,000 after buying an additional 5,024 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $56.99 on Friday. The company’s fifty day moving average price is $55.22 and its 200-day moving average price is $54.82. The firm has a market capitalization of $4.89 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $46.79 and a one year high of $57.49.

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.