Opal Capital LLC Takes $491,000 Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Opal Capital LLC purchased a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 7,739 shares of the company’s stock, valued at approximately $491,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Bank of America Corp DE boosted its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 36.5% in the 2nd quarter. Bank of America Corp DE now owns 2,143,686 shares of the company’s stock valued at $123,862,000 after purchasing an additional 573,361 shares during the period. Corient Private Wealth LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the second quarter worth approximately $21,157,000. Matthew Goff Investment Advisor LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter worth approximately $16,394,000. Axxcess Wealth Management LLC increased its holdings in shares of 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 worth $12,959,000 after purchasing an additional 154,698 shares during the period. Finally, Foguth Wealth Management LLC. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $9,363,000.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Down 0.4%

Shares of OMFL stock opened at $68.83 on Wednesday. The stock has a market cap of $5.91 billion, a P/E ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a 1 year low of $55.50 and a 1 year high of $69.36. The stock has a 50 day simple moving average of $66.39 and a 200 day simple moving average of $63.50.

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.