Concurrent Investment Advisors LLC Has $24.66 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Concurrent Investment Advisors LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 17.5% in the second quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 359,730 shares of the company’s stock after buying an additional 53,616 shares during the quarter. Concurrent Investment Advisors LLC owned 0.42% of Invesco Russell 1000 Dynamic Multifactor ETF worth $24,656,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of New York Mellon Corp raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the first quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after purchasing an additional 931,158 shares during the last quarter. Bank of America Corp DE lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth $21,157,000. Curry Webb Wealth Management LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth $16,619,000. Finally, RPg Family Wealth Advisory LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 321.1% in the second quarter. RPg Family Wealth Advisory LLC now owns 261,885 shares of the company’s stock valued at $17,950,000 after purchasing an additional 199,688 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.8%

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $70.93 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $57.12 and a 1-year high of $71.51. The company has a fifty day simple moving average of $69.71 and a 200 day simple moving average of $66.47. The company has a market cap of $6.09 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.