Truist Financial Corp Sells 91,076 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Truist Financial Corp decreased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 31.5% in the second quarter, HoldingsChannel.com reports. The fund owned 197,976 shares of the company’s stock after selling 91,076 shares during the period. Truist Financial Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $11,439,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. Bank of New York Mellon Corp lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% in the first quarter. Bank of New York Mellon Corp now owns 2,632,669 shares of the company’s stock worth $140,348,000 after acquiring an additional 372,297 shares during the period. Orrstown Financial Services Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the second quarter. Orrstown Financial Services Inc. now owns 999,063 shares of the company’s stock worth $57,726,000 after acquiring an additional 12,133 shares during the period. Arkadios Wealth Advisors lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 3.0% in the first quarter. Arkadios Wealth Advisors now owns 666,266 shares of the company’s stock worth $35,519,000 after acquiring an additional 19,559 shares during the period. Waller Financial Planning Group Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 19.2% in the second quarter. Waller Financial Planning Group Inc. now owns 592,265 shares of the company’s stock worth $34,221,000 after acquiring an additional 95,471 shares during the period. Finally, Envestnet Asset Management Inc. lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 8.6% in the first quarter. Envestnet Asset Management Inc. now owns 522,156 shares of the company’s stock worth $27,836,000 after acquiring an additional 41,385 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 11.6%

Shares of OMFL stock opened at $60.19 on Friday. The stock has a fifty day moving average of $59.33 and a 200 day moving average of $56.48. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $46.79 and a 52 week high of $58.40. The firm has a market capitalization of $5.16 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.