Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Get Free Report) was the recipient of a significant decline in short interest in August. As of August 14th, there was short interest totaling 19,094 shares, a decline of 57.0% from the July 30th total of 44,395 shares. Based on an average daily volume of 120,918 shares, the days-to-cover ratio is currently 0.2 days. Currently, 0.0% of the shares of the stock are sold short.
Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.2%
Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $70.90 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $57.12 and a 52-week high of $71.51. The firm has a market capitalization of $6.08 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The company has a fifty day simple moving average of $69.48 and a 200-day simple moving average of $66.24.
Institutional Investors Weigh In On Invesco Russell 1000 Dynamic Multifactor ETF
Hedge funds and other institutional investors have recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at $26,000. Sound Income Strategies LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter valued at $37,000. O Shaughnessy Asset Management LLC boosted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% in the 4th quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock valued at $37,000 after purchasing an additional 258 shares during the period. Parallel Advisors LLC raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the 1st quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock valued at $43,000 after purchasing an additional 160 shares during the last quarter. Finally, Frazier Financial Advisors LLC boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% during the first quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock worth $46,000 after buying an additional 750 shares during the period.
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.
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