Matthew Goff Investment Advisor LLC Invests $16.39 Million in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Matthew Goff Investment Advisor LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund bought 268,187 shares of the company’s stock, valued at approximately $16,394,000. Invesco Russell 1000 Dynamic Multifactor ETF makes up about 2.8% of Matthew Goff Investment Advisor LLC’s investment portfolio, making the stock its 11th largest holding. Matthew Goff Investment Advisor LLC owned approximately 0.31% of Invesco Russell 1000 Dynamic Multifactor ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Invesco Ltd. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% in the second quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock worth $1,192,894,000 after buying an additional 1,671,104 shares in the last quarter. Bank of New York Mellon Corp boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during the 3rd quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock valued at $163,632,000 after acquiring an additional 34,893 shares in the last quarter. Bank of America Corp DE boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock valued at $123,862,000 after acquiring an additional 573,361 shares in the last quarter. Mariner LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.8% during the 3rd quarter. Mariner LLC now owns 874,962 shares of the company’s stock worth $52,725,000 after acquiring an additional 7,203 shares during the period. Finally, Deseret Mutual Benefit Administrators grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% during the 3rd quarter. Deseret Mutual Benefit Administrators now owns 797,154 shares of the company’s stock worth $48,036,000 after acquiring an additional 4,171 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS:OMFL opened at $59.27 on Monday. The firm has a market capitalization of $5.09 billion, a P/E ratio of 27.32 and a beta of 1.02. The stock has a 50 day moving average price of $62.30 and a 200-day moving average price of $61.21. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $47.00 and a 52-week high of $63.99.

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.