Harbour Investments Inc. Increases Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Harbour Investments Inc. increased its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 58.1% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 792 shares of the company’s stock after acquiring an additional 291 shares during the period. Harbour Investments Inc.’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $46,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in OMFL. Spire Wealth Management bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter worth approximately $871,000. Bessemer Group Inc. bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF in the 1st quarter worth approximately $406,000. Axis Wealth Partners LLC grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 10.5% in the 1st quarter. Axis Wealth Partners LLC now owns 9,283 shares of the company’s stock worth $495,000 after purchasing an additional 879 shares during the period. Silver Oak Securities Incorporated grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.2% in the 1st quarter. Silver Oak Securities Incorporated now owns 138,612 shares of the company’s stock worth $7,316,000 after purchasing an additional 1,581 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 16.5% in the 1st quarter. Bank of New York Mellon Corp now owns 2,632,669 shares of the company’s stock worth $140,348,000 after purchasing an additional 372,297 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 12.3%

BATS:OMFL opened at $60.57 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $46.79 and a 12 month high of $58.40. The company has a market cap of $5.20 billion, a PE ratio of 27.32 and a beta of 1.02. The company has a 50 day simple moving average of $59.76 and a two-hundred day simple moving average of $57.28.

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.