Bessemer Group Inc. Makes New $406,000 Investment in Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL)

Bessemer Group Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF (BATS:OMFL) in the 1st quarter, Holdings Channel.com reports. The institutional investor acquired 7,608 shares of the company’s stock, valued at approximately $406,000.

A number of other institutional investors and hedge funds have also made changes to their positions in OMFL. US Bancorp DE increased its position in Invesco Russell 1000 Dynamic Multifactor ETF by 16.3% during the 4th quarter. US Bancorp DE now owns 7,252 shares of the company’s stock worth $393,000 after purchasing an additional 1,014 shares in the last quarter. SRS Capital Advisors Inc. grew its stake in Invesco Russell 1000 Dynamic Multifactor ETF by 72.2% during the fourth quarter. SRS Capital Advisors Inc. now owns 4,423 shares of the company’s stock worth $240,000 after buying an additional 1,855 shares during the period. Assetmark Inc. increased its position in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 16.9% in the fourth quarter. Assetmark Inc. now owns 4,527 shares of the company’s stock worth $245,000 after acquiring an additional 656 shares in the last quarter. Raymond James Financial Inc. acquired a new stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF in the fourth quarter worth $44,315,000. Finally, Elevation Capital Advisory LLC raised its stake in shares of Invesco Russell 1000 Dynamic Multifactor ETF by 6.6% in the 4th quarter. Elevation Capital Advisory LLC now owns 24,733 shares of the company’s stock valued at $1,341,000 after acquiring an additional 1,532 shares during the period.

Invesco Russell 1000 Dynamic Multifactor ETF Trading Up 6.9%

Shares of Invesco Russell 1000 Dynamic Multifactor ETF stock opened at $57.65 on Wednesday. Invesco Russell 1000 Dynamic Multifactor ETF has a twelve month low of $46.79 and a twelve month high of $57.90. The stock has a market cap of $4.95 billion, a price-to-earnings ratio of 27.32 and a beta of 1.02. The company has a fifty day moving average price of $55.62 and a 200 day moving average price of $54.85.

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.