Concurrent Investment Advisors LLC lifted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL – Free Report) by 17.5% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 359,730 shares of the company’s stock after purchasing an additional 53,616 shares during the period. Concurrent Investment Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $24,656,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the stock. NewEdge Advisors LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 2.8% during the first quarter. NewEdge Advisors LLC now owns 17,465 shares of the company’s stock worth $931,000 after buying an additional 477 shares during the last quarter. Baird Financial Group Inc. acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $447,000. Marshall Wace LLP acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $218,000. Raymond James Financial Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 19.0% in the 2nd quarter. Raymond James Financial Inc. now owns 575,217 shares of the company’s stock valued at $33,236,000 after acquiring an additional 91,888 shares during the period. Finally, Ausdal Financial Partners Inc. grew its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 84.2% in the 2nd quarter. Ausdal Financial Partners Inc. now owns 10,755 shares of the company’s stock valued at $621,000 after acquiring an additional 4,915 shares during the period.
Invesco Russell 1000 Dynamic Multifactor ETF Price Performance
Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $70.93 on Friday. The firm has a market capitalization of $6.09 billion, a PE ratio of 27.32 and a beta of 1.02. The company’s 50-day moving average is $69.71 and its 200-day moving average is $66.47. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $57.12 and a fifty-two week high of $71.51.
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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