62,620 Shares in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL Bought by Arete Wealth Advisors LLC

Arete Wealth Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 62,620 shares of the company’s stock, valued at approximately $3,760,000.

A number of other institutional investors also recently bought and sold shares of OMFL. Bank of New York Mellon Corp raised 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 buying an additional 931,158 shares during the last quarter. LPL Financial LLC raised its stake 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 valued at $170,925,000 after acquiring an additional 89,003 shares during the last quarter. Bank of America Corp DE raised its stake in 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 lifted its position in 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 worth $54,156,000 after acquiring an additional 10,923 shares during the period. Finally, Arkadios Wealth Advisors raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 10.3% during the first quarter. Arkadios Wealth Advisors now owns 697,082 shares of the company’s stock worth $41,909,000 after purchasing an additional 64,911 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS OMFL opened at $69.19 on Friday. The stock has a fifty day moving average price of $68.42 and a 200 day moving average price of $65.11. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $57.12 and a 1-year high of $69.46. The company has a market cap of $5.94 billion, a PE 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.