Bank of New York Mellon Corp Purchases 34,893 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Bank of New York Mellon Corp grew its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 1.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 2,715,431 shares of the company’s stock after acquiring an additional 34,893 shares during the period. Bank of New York Mellon Corp owned 3.16% of Invesco Russell 1000 Dynamic Multifactor ETF worth $163,632,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also modified their holdings of the business. Atria Investments Inc acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at $346,000. Global Retirement Partners LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth about $517,000. Ashton Thomas Securities LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 138.8% during the 3rd quarter. Ashton Thomas Securities LLC now owns 362,846 shares of the company’s stock worth $21,868,000 after acquiring an additional 210,910 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 17.2% during the 3rd quarter. Concurrent Investment Advisors LLC now owns 84,093 shares of the company’s stock worth $5,067,000 after acquiring an additional 12,360 shares during the last quarter. Finally, Assetmark Inc. increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 19.6% in the 2nd quarter. Assetmark Inc. now owns 10,839 shares of the company’s stock valued at $626,000 after acquiring an additional 1,776 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 16.4%

Shares of BATS OMFL opened at $62.77 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $46.79 and a 1-year high of $58.40. The company has a 50-day moving average of $61.81 and a two-hundred day moving average of $60.23. The company has a market cap of $5.39 billion, a PE 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.