Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) Reaches New 12-Month High – Here’s Why

Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) shares reached a new 52-week high during mid-day trading on Friday . The stock traded as high as $68.18 and last traded at $68.11, with a volume of 28712 shares traded. The stock had previously closed at $67.67.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

The firm has a 50-day moving average of $63.69 and a 200-day moving average of $62.39. The firm has a market capitalization of $5.85 billion, a P/E ratio of 27.32 and a beta of 1.02.

Institutional Investors Weigh In On Invesco Russell 1000 Dynamic Multifactor ETF

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

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.