Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Get Free Report) was the recipient of a significant growth in short interest during the month of August. As of August 31st, there was short interest totaling 30,012 shares, a growth of 57.2% from the August 15th total of 19,094 shares. Based on an average daily volume of 90,512 shares, the short-interest ratio is currently 0.3 days. Currently, 0.0% of the shares of the stock are short sold.
Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance
Shares of OMFL stock opened at $69.14 on Thursday. The stock’s fifty day moving average price is $69.94 and its two-hundred day moving average price is $66.90. The company has a market cap of $5.93 billion, a PE 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.
Institutional Trading of Invesco Russell 1000 Dynamic Multifactor ETF
Several institutional investors and hedge funds have recently modified their holdings of OMFL. Anchor Investment Management LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $27,000. Talon Private Wealth LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter worth about $203,000. Capital Analysts LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2,756.2% in the second quarter. Capital Analysts LLC now owns 28,391 shares of the company’s stock worth $1,946,000 after acquiring an additional 27,397 shares during the last quarter. Insight Wealth Partners LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at approximately $871,000. Finally, Integrated Wealth Concepts LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 46.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 359,341 shares of the company’s stock valued at $24,629,000 after purchasing an additional 114,059 shares in the last quarter.
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.
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