Integrated Wealth Concepts LLC Has $14.72 Million Stake in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Integrated Wealth Concepts LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 12.7% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 244,240 shares of the company’s stock after acquiring an additional 27,447 shares during the period. Integrated Wealth Concepts LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $14,718,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Invesco Ltd. increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 8.8% in the 2nd quarter. Invesco Ltd. now owns 20,645,448 shares of the company’s stock worth $1,192,894,000 after purchasing an additional 1,671,104 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% during the third quarter. Bank of New York Mellon Corp now owns 2,715,431 shares of the company’s stock valued at $163,632,000 after purchasing an additional 34,893 shares in the last quarter. Bank of America Corp DE grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% during the second quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock worth $123,862,000 after purchasing an additional 573,361 shares during the last quarter. Deseret Mutual Benefit Administrators grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 0.5% during the third quarter. Deseret Mutual Benefit Administrators now owns 797,154 shares of the company’s stock worth $48,036,000 after purchasing an additional 4,171 shares during the last quarter. Finally, Arkadios Wealth Advisors increased its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 5.4% in the third quarter. Arkadios Wealth Advisors now owns 708,344 shares of the company’s stock valued at $42,685,000 after buying an additional 36,349 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $61.67 on Tuesday. The company has a 50 day simple moving average of $62.69 and a 200 day simple moving average of $61.13. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $47.00 and a 1 year high of $63.99. The firm has a market cap of $5.29 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.