IHT Wealth Management LLC Acquires 28,885 Shares of Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

IHT Wealth Management LLC increased its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 5.4% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 562,084 shares of the company’s stock after acquiring an additional 28,885 shares during the quarter. Invesco Russell 1000 Dynamic Multifactor ETF comprises about 0.8% of IHT Wealth Management LLC’s investment portfolio, making the stock its 19th largest holding. IHT Wealth Management LLC owned approximately 0.66% of Invesco Russell 1000 Dynamic Multifactor ETF worth $34,360,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the business. AQR Capital Management LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 186.7% during the fourth quarter. AQR Capital Management LLC now owns 56,072 shares of the company’s stock worth $3,428,000 after acquiring an additional 36,516 shares during the period. Cetera Investment Advisers increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 5.1% during the fourth quarter. Cetera Investment Advisers now owns 153,323 shares of the company’s stock worth $9,373,000 after acquiring an additional 7,490 shares during the period. Private Advisor Group LLC increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 4.4% during the fourth quarter. Private Advisor Group LLC now owns 234,983 shares of the company’s stock worth $14,365,000 after acquiring an additional 9,977 shares during the period. Captrust Financial Advisors increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 1.5% during the fourth quarter. Captrust Financial Advisors now owns 307,172 shares of the company’s stock worth $18,777,000 after acquiring an additional 4,398 shares during the period. Finally, Pacific Financial Group Inc. bought a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth about $314,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

BATS:OMFL opened at $67.95 on Thursday. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $55.50 and a 52 week high of $69.36. The firm has a market cap of $5.83 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The firm’s 50-day simple moving average is $66.53 and its 200 day simple moving average is $63.56.

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.