Bank of New York Mellon Corp Increases Stock Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Bank of New York Mellon Corp raised its position in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 33.5% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 3,711,567 shares of the company’s stock after acquiring an additional 931,158 shares during the quarter. Bank of New York Mellon Corp owned approximately 4.33% of Invesco Russell 1000 Dynamic Multifactor ETF worth $223,139,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter worth approximately $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $29,000. Sound Income Strategies LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth $37,000. O Shaughnessy Asset Management LLC increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after acquiring an additional 258 shares during the period. Finally, PNC Financial Services Group Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% during the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after acquiring an additional 562 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 1.0%

Shares of BATS OMFL opened at $68.67 on Friday. The stock has a market cap of $5.89 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 12-month low of $57.12 and a 12-month high of $69.46. The business’s fifty day simple moving average is $68.19 and its 200-day simple moving average is $64.65.

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.