MW Advisory LLC Acquires New Holdings in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

MW Advisory LLC bought a new stake in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 241,529 shares of the company’s stock, valued at approximately $16,554,000. Invesco Russell 1000 Dynamic Multifactor ETF makes up 6.6% of MW Advisory LLC’s holdings, making the stock its 2nd largest position. MW Advisory LLC owned 0.28% of Invesco Russell 1000 Dynamic Multifactor ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of OMFL. Tassel Capital Management Inc. bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter valued at $902,000. TD Waterhouse Canada Inc. grew its position in Invesco Russell 1000 Dynamic Multifactor ETF by 177.6% during the 2nd quarter. TD Waterhouse Canada Inc. now owns 140,866 shares of the company’s stock worth $9,655,000 after acquiring an additional 90,118 shares during the last quarter. United Community Bank acquired a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the 2nd quarter worth about $89,000. Concurrent Investment Advisors LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 17.5% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 359,730 shares of the company’s stock worth $24,656,000 after purchasing an additional 53,616 shares in the last quarter. Finally, XML Financial LLC bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF in the second quarter valued at about $656,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.6%

Shares of OMFL stock opened at $70.53 on Friday. The business’s 50-day moving average price is $69.78 and its 200-day moving average price is $66.50. Invesco Russell 1000 Dynamic Multifactor ETF has a 12 month low of $57.12 and a 12 month high of $71.51. The firm has a market capitalization of $6.05 billion, a price-to-earnings 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.