PFG Advisors Increases Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

PFG Advisors raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 7.1% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 55,075 shares of the company’s stock after purchasing an additional 3,649 shares during the quarter. PFG Advisors owned 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,182,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds have also modified their holdings of the business. Harbour Investments Inc. purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth $27,000. Colonial Trust Advisors purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $71,000. Coppell Advisory Solutions LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 505.4% in the 1st quarter. Coppell Advisory Solutions LLC now owns 1,562 shares of the company’s stock valued at $83,000 after purchasing an additional 1,304 shares in the last quarter. AE Wealth Management LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 23.0% in the first quarter. AE Wealth Management LLC now owns 2,900 shares of the company’s stock valued at $155,000 after purchasing an additional 543 shares during the period. Finally, Richards Merrill & Peterson Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% during the second 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.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 10.9%

OMFL stock opened at $59.77 on Monday. The firm has a 50 day moving average of $59.97 and a 200-day moving average of $58.02. The company has a market cap of $5.13 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $58.40.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.