Invesco Russell 1000 Dynamic Multifactor ETF Price & Performance (OMFL)

US Bancorp DE increased its holdings in the Invesco Russell 1000 Dynamic Multifactor ETF (OMFL) by 16.3% during Q4 2024. The company now holds 7,252 shares worth $393,000. This move follows similar actions by other institutional investors, signaling continued interest in OMFL despite its recent 1.8% decline in trading value.1

The Invesco Russell 1000 Dynamic Multifactor ETF (IUMF) received a short signal at $22.88, with a stop-loss set at $22.99. The ETF's near-term and mid-term ratings remain weak, reflecting ongoing challenges in the market. Investors are advised to monitor resistance levels closely as trading strategies evolve.2

OMFL's technical data suggests a short position near $52.76 with no clear downside target, while a break above $52.94 could trigger a buy signal targeting $55.15. This mixed sentiment highlights the ETF's current volatility and the importance of cautious, resistance-based trading strategies for investors.3