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

Insight Wealth Partners LLC acquired a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the second quarter, HoldingsChannel.com reports. The institutional investor acquired 12,701 shares of the company’s stock, valued at approximately $871,000.

Several other hedge funds have also added to or reduced their stakes in the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $26,000. Sound Income Strategies LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth about $37,000. O Shaughnessy Asset Management LLC raised 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 purchasing an additional 258 shares during the period. Parallel Advisors LLC raised 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 worth $43,000 after purchasing an additional 160 shares during the period. Finally, Frazier Financial Advisors LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5,769.2% during the 1st quarter. Frazier Financial Advisors LLC now owns 763 shares of the company’s stock valued at $46,000 after purchasing an additional 750 shares in the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

Shares of OMFL opened at $69.88 on Wednesday. The stock has a 50 day simple moving average of $69.85 and a 200 day simple moving average of $66.63. Invesco Russell 1000 Dynamic Multifactor ETF has a 52-week low of $57.12 and a 52-week high of $71.51. The firm has a market capitalization of $6.00 billion, a PE ratio of 27.32 and a beta of 1.02.

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.