Avantax Advisory Services Inc. increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report) by 46.9% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 40,138 shares of the company’s stock after acquiring an additional 12,810 shares during the quarter. Avantax Advisory Services Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $2,177,000 at the end of the most recent quarter.
Other hedge funds have also modified their holdings of the company. GHP Investment Advisors Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth $27,000. Golden State Wealth Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $72,000. Empirical Asset Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $222,000. International Assets Investment Management LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $223,000. Finally, Sierra Ocean LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $233,000.
Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.4 %
Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $53.18 on Monday. The firm has a market capitalization of $4.60 billion, a PE ratio of 26.44 and a beta of 1.02. The stock has a 50 day simple moving average of $55.55 and a two-hundred day simple moving average of $54.46.
Invesco Russell 1000 Dynamic Multifactor ETF Cuts Dividend
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.
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