Envestnet Asset Management Inc. Has $27.84 Million Holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Envestnet Asset Management Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 8.6% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 522,156 shares of the company’s stock after buying an additional 41,385 shares during the period. Envestnet Asset Management Inc. owned 0.60% of Invesco Russell 1000 Dynamic Multifactor ETF worth $27,836,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. HighTower Advisors LLC boosted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 12.8% during the 4th quarter. HighTower Advisors LLC now owns 42,501 shares of the company’s stock worth $2,305,000 after buying an additional 4,822 shares in the last quarter. Avantax Advisory Services Inc. raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 46.9% in the 4th quarter. Avantax Advisory Services Inc. now owns 40,138 shares of the company’s stock worth $2,177,000 after acquiring an additional 12,810 shares during the last quarter. Axxcess Wealth Management LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 85.4% in the fourth quarter. Axxcess Wealth Management LLC now owns 69,547 shares of the company’s stock valued at $3,772,000 after purchasing an additional 32,038 shares in the last quarter. Ashton Thomas Securities LLC grew its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 6.1% during the fourth quarter. Ashton Thomas Securities LLC now owns 180,891 shares of the company’s stock worth $9,825,000 after buying an additional 10,476 shares in the last quarter. Finally, PKS Advisory Services LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth $742,000.

Invesco Russell 1000 Dynamic Multifactor ETF Price Performance

Shares of BATS:OMFL opened at $57.74 on Tuesday. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $46.79 and a 1 year high of $58.20. The company has a market capitalization of $4.95 billion, a PE ratio of 27.32 and a beta of 1.02. The business has a fifty day moving average price of $56.35 and a two-hundred day moving average price of $54.97.

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.