Financial Enhancement Group LLC Has $25.06 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Financial Enhancement Group LLC grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 6.3% in the 2nd quarter, Holdings Channel.com reports. The firm owned 365,652 shares of the company’s stock after acquiring an additional 21,754 shares during the period. Invesco Russell 1000 Dynamic Multifactor ETF makes up approximately 3.0% of Financial Enhancement Group LLC’s portfolio, making the stock its 7th largest holding. Financial Enhancement Group LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $25,062,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in OMFL. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter worth approximately $26,000. Flagship Harbor Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at approximately $29,000. Sound Income Strategies LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter valued at $37,000. O Shaughnessy Asset Management LLC raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock valued at $37,000 after buying an additional 258 shares during the last quarter. Finally, Parallel Advisors LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 28.6% in the first quarter. Parallel Advisors LLC now owns 720 shares of the company’s stock worth $43,000 after acquiring an additional 160 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 1.4%

Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $70.93 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $71.08. The company has a market capitalization of $6.09 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The business’s fifty day simple moving average is $68.50 and its two-hundred day simple moving average is $65.23.

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.