Tassel Capital Management Inc. Invests $902,000 in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Tassel Capital Management Inc. bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund bought 13,154 shares of the company’s stock, valued at approximately $902,000. Invesco Russell 1000 Dynamic Multifactor ETF accounts for about 0.4% of Tassel Capital Management Inc.’s holdings, making the stock its 19th largest holding.

A number of other hedge funds and other institutional investors also recently made changes to their positions in OMFL. Bank of New York Mellon Corp boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the first quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after acquiring an additional 931,158 shares in the last quarter. LPL Financial LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% in the 4th quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock worth $170,925,000 after purchasing an additional 89,003 shares during the period. Bank of America Corp DE boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock valued at $123,862,000 after purchasing an additional 573,361 shares in the last quarter. Mariner LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the fourth quarter. Mariner LLC now owns 885,885 shares of the company’s stock valued at $54,156,000 after buying an additional 10,923 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% in the first quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock worth $41,909,000 after buying an additional 64,911 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of OMFL opened at $70.93 on Friday. The company has a 50-day simple moving average of $69.71 and a two-hundred day simple moving average of $66.47. The firm has a market capitalization of $6.09 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $57.12 and a one year high of $71.51.

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.