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

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

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

Invesco Russell 1000 Dynamic Multifactor ETF Stock Down 0.4%

OMFL stock opened at $68.83 on Wednesday. The company has a market cap of $5.91 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $55.50 and a twelve month high of $69.36. The business has a 50 day moving average price of $66.39 and a two-hundred day moving average price of $63.50.

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.