Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Shares Newly Purchased by StoneX Group Inc.

StoneX Group Inc. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 7,602 shares of the company’s stock, valued at approximately $530,000.

Several other institutional investors also recently made changes to their positions in OMFL. Bank of New York Mellon Corp raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% during the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock worth $223,139,000 after purchasing an additional 931,158 shares during the period. Citadel Advisors LLC acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $56,909,000. Envestnet Asset Management Inc. boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 136.4% during the 2nd quarter. Envestnet Asset Management Inc. now owns 798,161 shares of the company’s stock valued at $54,706,000 after purchasing an additional 460,593 shares during the period. Arkadios Wealth Advisors boosted its position in Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% during the 1st quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock valued at $41,909,000 after purchasing an additional 64,911 shares during the period. Finally, Baldwin Wealth Partners LLC MA bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 3rd quarter worth $27,960,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $71.67 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $57.12 and a 1-year high of $72.41. The business’s fifty day moving average price is $70.60 and its two-hundred day moving average price is $67.22. The firm has a market capitalization of $4.73 billion, a PE ratio of 24.81 and a beta of 0.94.

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.