Arete Wealth Advisors LLC Buys New Shares in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Arete Wealth Advisors LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund bought 62,620 shares of the company’s stock, valued at approximately $3,760,000. Arete Wealth Advisors LLC owned approximately 0.07% of Invesco Russell 1000 Dynamic Multifactor ETF at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $29,000. Sound Income Strategies LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the first quarter worth about $37,000. O Shaughnessy Asset Management LLC grew 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 worth $37,000 after buying an additional 258 shares in the last quarter. Finally, Parallel Advisors LLC increased its stake 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 worth $43,000 after buying an additional 160 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL stock opened at $69.19 on Friday. The company’s 50 day moving average price is $68.42 and its 200 day moving average price is $65.11. The firm has a market capitalization of $5.94 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $57.12 and a fifty-two week high of $69.46.

Invesco Russell 1000 Dynamic Multifactor ETF 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.