Insight Wealth Partners LLC Makes New $871,000 Investment in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Insight Wealth Partners LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 12,701 shares of the company’s stock, valued at approximately $871,000.

Several other hedge funds have also modified their holdings of OMFL. Bank of New York Mellon Corp increased its holdings in shares of 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 purchasing an additional 931,158 shares in the last quarter. LPL Financial LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 3.3% during the 4th quarter. LPL Financial LLC now owns 2,796,098 shares of the company’s stock worth $170,925,000 after acquiring an additional 89,003 shares during the period. Bank of America Corp DE raised its position 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 acquiring an additional 573,361 shares during the last quarter. Mariner LLC raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% during the 4th quarter. Mariner LLC now owns 885,885 shares of the company’s stock valued at $54,156,000 after acquiring an additional 10,923 shares during the last quarter. Finally, Citadel Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $56,909,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.9%

BATS:OMFL opened at $69.88 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.12 and a 12-month high of $71.51. The stock’s fifty day simple moving average is $69.85 and its 200-day simple moving average is $66.63. The firm has a market capitalization of $6.00 billion, a P/E ratio of 27.32 and a beta of 1.02.

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.