Axxcess Wealth Management LLC Has $3.02 Million Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Axxcess Wealth Management LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 11.5% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 52,215 shares of the company’s stock after purchasing an additional 5,373 shares during the quarter. Axxcess Wealth Management LLC owned about 0.06% of Invesco Russell 1000 Dynamic Multifactor ETF worth $3,017,000 at the end of the most recent quarter.

Several other hedge funds have also bought and sold shares of OMFL. Farther Finance Advisors LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 430.3% in the 1st quarter. Farther Finance Advisors LLC now owns 2,959 shares of the company’s stock valued at $158,000 after purchasing an additional 2,401 shares during the period. Janney Montgomery Scott LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.7% in the 1st quarter. Janney Montgomery Scott LLC now owns 303,484 shares of the company’s stock valued at $16,179,000 after purchasing an additional 8,028 shares during the period. Sowell Financial Services LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 15.3% in the 1st quarter. Sowell Financial Services LLC now owns 18,440 shares of the company’s stock valued at $983,000 after purchasing an additional 2,443 shares during the period. Kingswood Wealth Advisors LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 35.4% in the 1st quarter. Kingswood Wealth Advisors LLC now owns 5,446 shares of the company’s stock valued at $290,000 after purchasing an additional 1,424 shares during the period. Finally, Silver Oak Securities Incorporated grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the 1st quarter. Silver Oak Securities Incorporated now owns 138,612 shares of the company’s stock valued at $7,316,000 after purchasing an additional 1,581 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 10.9%

BATS OMFL opened at $59.78 on Wednesday. The company has a fifty day simple moving average of $59.59 and a 200 day simple moving average of $56.81. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $46.79 and a 12-month high of $58.40. The company has a market cap of $5.13 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.