122,192 Shares in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Bought by Sage Mountain Advisors LLC

Sage Mountain Advisors LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 122,192 shares of the company’s stock, valued at approximately $7,363,000.

Several other hedge funds and other institutional investors have also made changes to their positions in OMFL. Mather Group LLC. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 3rd quarter worth about $29,000. Harbour Investments Inc. raised its position in Invesco Russell 1000 Dynamic Multifactor ETF by 58.1% during the second quarter. Harbour Investments Inc. now owns 792 shares of the company’s stock worth $46,000 after acquiring an additional 291 shares during the last quarter. Richards Merrill & Peterson Inc. lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 9.0% in the second quarter. Richards Merrill & Peterson Inc. now owns 2,875 shares of the company’s stock valued at $166,000 after purchasing an additional 238 shares in the last quarter. Financial Advocates Investment Management purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $217,000. Finally, Marshall Wace LLP acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at approximately $218,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $62.01 on Tuesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $46.79 and a 1-year high of $58.40. The firm has a 50 day simple moving average of $61.11 and a 200-day simple moving average of $59.93. The stock has a market cap of $5.32 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02.

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.