HB Wealth Management LLC Purchases 13,062 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

HB Wealth Management LLC raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 395.6% in the 1st quarter, Holdings Channel.com reports. The fund owned 16,364 shares of the company’s stock after buying an additional 13,062 shares during the period. HB Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $984,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth about $29,000. Sound Income Strategies LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter valued at about $37,000. O Shaughnessy Asset Management LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock valued at $37,000 after acquiring an additional 258 shares during the last quarter. Finally, PNC Financial Services Group Inc. raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% during the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after acquiring an additional 562 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of BATS OMFL opened at $68.51 on Thursday. The stock has a 50 day moving average price of $67.79 and a 200 day moving average price of $64.32. The stock has a market capitalization of $5.88 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $57.12 and a 52 week high of $69.36.

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.