Gateway Wealth Partners LLC Buys New Shares in Invesco Russell 1000 Dynamic Multifactor ETF $OMFL

Gateway Wealth Partners LLC bought a new position in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 67,876 shares of the company’s stock, valued at approximately $4,081,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in OMFL. Bank of New York Mellon Corp raised its holdings in Invesco Russell 1000 Dynamic Multifactor ETF by 33.5% in the 1st quarter. Bank of New York Mellon Corp now owns 3,711,567 shares of the company’s stock valued at $223,139,000 after acquiring an additional 931,158 shares in the last quarter. Bank of America Corp DE grew its holdings 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 purchasing an additional 573,361 shares in the last quarter. Corient Private Wealth LLC acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the 2nd quarter worth approximately $21,157,000. Matthew Goff Investment Advisor LLC bought a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF during the fourth quarter valued at approximately $16,394,000. Finally, Axxcess Wealth Management LLC increased its position 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 valued at $12,959,000 after purchasing an additional 154,698 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 0.4%

Shares of BATS OMFL opened at $68.62 on Tuesday. The firm has a market capitalization of $5.89 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. Invesco Russell 1000 Dynamic Multifactor ETF has a one year low of $57.12 and a one year high of $69.46. The business has a fifty day simple moving average of $68.32 and a 200 day simple moving average of $64.96.

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.