Rooted Wealth Advisors Inc. Has $6.12 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Rooted Wealth Advisors Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 13.3% in the third quarter, Holdings Channel.com reports. The institutional investor owned 101,664 shares of the company’s stock after buying an additional 11,940 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 1.9% of Rooted Wealth Advisors Inc.’s portfolio, making the stock its 15th largest holding. Rooted Wealth Advisors Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $6,119,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also made changes to their positions in OMFL. Harbour Investments Inc. grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 58.1% during the second quarter. Harbour Investments Inc. now owns 792 shares of the company’s stock valued at $46,000 after purchasing an additional 291 shares during the last quarter. Coppell Advisory Solutions LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 505.4% during the 1st quarter. Coppell Advisory Solutions LLC now owns 1,562 shares of the company’s stock worth $83,000 after buying an additional 1,304 shares during the period. Richards Merrill & Peterson Inc. boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% during the 2nd quarter. Richards Merrill & Peterson Inc. now owns 2,875 shares of the company’s stock worth $166,000 after buying an additional 238 shares during the period. Financial Advocates Investment Management acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $217,000. Finally, Marshall Wace LLP bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL stock opened at $61.71 on Tuesday. The stock has a market capitalization of $5.30 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The company has a 50-day moving average of $60.46 and a two-hundred day moving average of $59.33. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $46.79 and a 52-week high of $58.40.

About Invesco Russell 1000 Dynamic Multifactor ETF

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.