Gladstone Institutional Advisory LLC Raises Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Gladstone Institutional Advisory LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 3.4% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The firm owned 261,225 shares of the company’s stock after buying an additional 8,645 shares during the period. Gladstone Institutional Advisory LLC owned 0.30% of Invesco Russell 1000 Dynamic Multifactor ETF worth $15,741,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of OMFL. Invesco Ltd. grew its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% during the 2nd quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock valued at $1,192,894,000 after acquiring an additional 1,671,104 shares during the period. Bank of New York Mellon Corp increased its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 2,680,538 shares of the company’s stock worth $154,882,000 after buying an additional 47,869 shares during the period. Bank of America Corp DE increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock valued at $123,862,000 after buying an additional 573,361 shares during the period. Orrstown Financial Services Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the 2nd quarter. Orrstown Financial Services Inc. now owns 999,063 shares of the company’s stock worth $57,726,000 after acquiring an additional 12,133 shares in the last quarter. Finally, Arkadios Wealth Advisors lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.9% during the 2nd quarter. Arkadios Wealth Advisors now owns 671,995 shares of the company’s stock valued at $38,828,000 after purchasing an additional 5,729 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Up 15.7%

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $62.36 on Tuesday. The business’s 50-day moving average price is $60.57 and its 200 day moving average price is $59.53. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $46.79 and a 52 week high of $58.40. The firm has a market cap of $5.35 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

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.