Tassel Capital Management Inc. Takes $902,000 Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Tassel Capital Management Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund acquired 13,154 shares of the company’s stock, valued at approximately $902,000. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 0.4% of Tassel Capital Management Inc.’s portfolio, making the stock its 19th largest holding.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. TD Waterhouse Canada Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 177.6% during the second quarter. TD Waterhouse Canada Inc. now owns 140,866 shares of the company’s stock valued at $9,655,000 after purchasing an additional 90,118 shares in the last quarter. United Community Bank purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $89,000. Concurrent Investment Advisors LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 17.5% during the 2nd quarter. Concurrent Investment Advisors LLC now owns 359,730 shares of the company’s stock valued at $24,656,000 after purchasing an additional 53,616 shares during the last quarter. XML Financial LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at about $656,000. Finally, Advocacy Wealth Management LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 11.6% during the 2nd quarter. Advocacy Wealth Management LLC now owns 55,036 shares of the company’s stock valued at $3,772,000 after buying an additional 5,738 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL opened at $70.93 on Friday. The firm has a market cap of $6.09 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $57.12 and a fifty-two week high of $71.51. The firm has a 50 day moving average price of $69.71 and a 200-day moving average price of $66.47.

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.