Bank of New York Mellon Corp Grows Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Bank of New York Mellon Corp raised its holdings in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 2.4% during the 4th quarter, Holdings Channel.com reports. The firm owned 2,780,409 shares of the company’s stock after acquiring an additional 64,978 shares during the quarter. Bank of New York Mellon Corp’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $169,966,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also added to or reduced their stakes in the business. Natixis Advisors LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $719,000. Vantus Wealth LLC purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $482,000. Elite Life Management LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 10.0% during the fourth quarter. Elite Life Management LLC now owns 5,587 shares of the company’s stock valued at $353,000 after purchasing an additional 506 shares during the last quarter. Lloyd Advisory Services LLC. purchased a new stake in Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at about $85,000. Finally, Axxcess Wealth Management LLC lifted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 270.0% during the fourth quarter. Axxcess Wealth Management LLC now owns 211,989 shares of the company’s stock valued at $12,959,000 after purchasing an additional 154,698 shares during the last quarter.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 2.1%

BATS OMFL opened at $67.47 on Friday. The company has a market cap of $5.79 billion, a PE ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $55.50 and a 52 week high of $69.03. The firm’s 50-day simple moving average is $65.28 and its two-hundred day simple moving average is $63.02.

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.