Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Position Lifted by IFG Advisory LLC

IFG Advisory LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.9% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 371,634 shares of the company’s stock after purchasing an additional 10,377 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 0.9% of IFG Advisory LLC’s portfolio, making the stock its 16th biggest holding. IFG Advisory LLC owned approximately 0.56% of Invesco Russell 1000 Dynamic Multifactor ETF worth $25,907,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. Bank of New York Mellon Corp grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after buying an additional 931,158 shares in the last quarter. Citadel Advisors LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth $56,909,000. Envestnet Asset Management Inc. lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 136.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 798,161 shares of the company’s stock worth $54,706,000 after acquiring an additional 460,593 shares during the last quarter. Arkadios Wealth Advisors lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% during the 1st quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock worth $41,909,000 after acquiring an additional 64,911 shares during the last quarter. Finally, Baldwin Wealth Partners LLC MA purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the third quarter worth $27,960,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.2%

BATS:OMFL traded down $0.13 during midday trading on Friday, hitting $71.24. The company had a trading volume of 229,861 shares, compared to its average volume of 207,427. The company has a market capitalization of $4.70 billion, a PE ratio of 24.81 and a beta of 0.94. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $57.12 and a 52-week high of $72.41. The stock’s fifty day moving average price is $70.62 and its 200-day moving average price is $67.30.

Invesco Russell 1000 Dynamic Multifactor ETF 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.