Concurrent Investment Advisors LLC Has $5.07 Million Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Concurrent Investment Advisors LLC boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 17.2% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 84,093 shares of the company’s stock after buying an additional 12,360 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.10% of Invesco Russell 1000 Dynamic Multifactor ETF worth $5,067,000 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. NewEdge Advisors LLC lifted its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 2.8% in the first quarter. NewEdge Advisors LLC now owns 17,465 shares of the company’s stock worth $931,000 after acquiring an additional 477 shares during the last quarter. Burt Wealth Advisors grew its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 3.0% during the 2nd quarter. Burt Wealth Advisors now owns 360,719 shares of the company’s stock valued at $20,842,000 after purchasing an additional 10,599 shares during the last quarter. Defined Wealth Management LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 2.2% during the 2nd quarter. Defined Wealth Management LLC now owns 41,995 shares of the company’s stock worth $2,426,000 after purchasing an additional 907 shares in the last quarter. Dynamic Advisor Solutions LLC lifted its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 1.3% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 261,811 shares of the company’s stock valued at $15,127,000 after purchasing an additional 3,318 shares during the last quarter. Finally, Sovran Advisors LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at approximately $259,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS OMFL opened at $62.94 on Wednesday. The firm’s fifty day moving average price is $60.88 and its two-hundred day moving average price is $59.79. The stock has a market cap of $5.40 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a fifty-two week low of $46.79 and a fifty-two week high of $58.40.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.