Laurel Oak Wealth Management LLC Has $772,000 Stock Position in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Laurel Oak Wealth Management LLC increased its holdings in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) by 177.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 12,841 shares of the company’s stock after acquiring an additional 8,218 shares during the period. Laurel Oak Wealth Management LLC’s holdings in Invesco Russell 1000 Dynamic Multifactor ETF were worth $772,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently bought and sold shares of the business. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC purchased a new position in Invesco Russell 1000 Dynamic Multifactor ETF during the 4th quarter valued at about $26,000. Flagship Harbor Advisors LLC acquired a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the 4th quarter valued at about $29,000. O Shaughnessy Asset Management LLC lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 73.7% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 608 shares of the company’s stock worth $37,000 after purchasing an additional 258 shares in the last quarter. PNC Financial Services Group Inc. lifted its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 187.3% in the third quarter. PNC Financial Services Group Inc. now owns 862 shares of the company’s stock worth $52,000 after purchasing an additional 562 shares in the last quarter. Finally, Webster Bank N. A. purchased a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the first quarter worth approximately $68,000.

Invesco Russell 1000 Dynamic Multifactor ETF Stock Performance

OMFL stock opened at $67.17 on Friday. The firm has a 50 day simple moving average of $67.19 and a 200 day simple moving average of $63.88. Invesco Russell 1000 Dynamic Multifactor ETF has a 52 week low of $57.08 and a 52 week high of $69.36. The stock has a market cap of $5.76 billion, a P/E ratio of 27.32 and a beta of 1.02.

Invesco Russell 1000 Dynamic Multifactor ETF Company 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.