Farther Finance Advisors LLC Grows Stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Farther Finance Advisors LLC boosted its stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 430.3% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,959 shares of the company’s stock after buying an additional 2,401 shares during the quarter. Farther Finance Advisors LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $158,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mascagni Wealth Management Inc. acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $30,000. Ameriflex Group Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth approximately $50,000. Aptus Capital Advisors LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 131.1% during the fourth quarter. Aptus Capital Advisors LLC now owns 1,849 shares of the company’s stock worth $100,000 after purchasing an additional 1,049 shares in the last quarter. SRS Capital Advisors Inc. raised its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 72.2% in the 4th quarter. SRS Capital Advisors Inc. now owns 4,423 shares of the company’s stock valued at $240,000 after purchasing an additional 1,855 shares during the last quarter. Finally, Assetmark Inc. raised its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.9% in the fourth quarter. Assetmark Inc. now owns 4,527 shares of the company’s stock valued at $245,000 after buying an additional 656 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

OMFL opened at $55.88 on Friday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1-year low of $46.79 and a 1-year high of $57.49. The firm has a market capitalization of $4.78 billion, a price-to-earnings ratio of 26.60 and a beta of 1.02. The company’s 50 day simple moving average is $54.78 and its two-hundred day simple moving average is $54.81.

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.