IHT Wealth Management LLC Has $34.36 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

IHT Wealth Management LLC grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.4% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 562,084 shares of the company’s stock after purchasing an additional 28,885 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF comprises approximately 0.8% of IHT Wealth Management LLC’s investment portfolio, making the stock its 19th largest position. IHT Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $34,360,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. AQR Capital Management LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 186.7% in the 4th quarter. AQR Capital Management LLC now owns 56,072 shares of the company’s stock valued at $3,428,000 after purchasing an additional 36,516 shares in the last quarter. Cetera Investment Advisers raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 5.1% in the 4th quarter. Cetera Investment Advisers now owns 153,323 shares of the company’s stock valued at $9,373,000 after buying an additional 7,490 shares during the last quarter. Private Advisor Group LLC raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 4.4% in the 4th quarter. Private Advisor Group LLC now owns 234,983 shares of the company’s stock valued at $14,365,000 after buying an additional 9,977 shares during the last quarter. Captrust Financial Advisors raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 1.5% in the 4th quarter. Captrust Financial Advisors now owns 307,172 shares of the company’s stock valued at $18,777,000 after buying an additional 4,398 shares during the last quarter. Finally, Pacific Financial Group Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at approximately $314,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $67.95 on Thursday. The company has a 50 day simple moving average of $66.53 and a 200 day simple moving average of $63.56. The firm has a market cap of $5.83 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $55.50 and a 1 year high of $69.36.

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.