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OMFL

58.90000 USD
0.4
0.67%
Last update Sep 2, 3:59 PM EDT
Market closed
Day range
58.51000
58.90000
Previous close
59.30000
Open
58.69000
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Invesco Russell 1000 Dynamic Multifactor ETF
58.90
0.40
0.67%

Overview

Description

The Invesco Russell 1000 Dynamic Multifactor ETF is an exchange-traded fund that seeks to provide investment results that generally correspond to the performance of the Russell 1000 Invesco Dynamic Multifactor Index. This fund is designed to capture the potential upside of the U.S. large-cap equity market by integrating multiple factors into its investment strategy, including value, momentum, quality, size, and low volatility. These factors are considered key contributors to potential excess returns over the long term. This ETF is primarily focused on dynamically adjusting to prevailing market conditions by selecting stocks from the Russell 1000 Index, which encompasses the largest 1,000 public companies in the United States. The fund's unique approach allows it to strategically shift emphasis among various factors based on economic cycles and market trends. As a result, it is particularly pertinent for investors seeking diversified exposure to the U.S. large-cap space with a tactical allocation strategy. By leveraging multifactor investing, the Invesco Russell 1000 Dynamic Multifactor ETF plays a significant role in offering a balanced approach to growth and risk management, impacting sectors across the broad U.S. market spectrum.

About

Address
Phone
(800) 983-0903
Website
Instrument type
ETF
Country
United States
MIC code
BATS
Market closed

Exchange is currently closed
Pre-market opens in 7 hours 30 minutes

20:29
00:00
09:30
16:00
23:59

Trading Hours (Monday - Friday):

Pre-market
04:00 - 09:30
Main market
09:30 - 16:00
Post-market
16:00 - 20:00
All times are displayed in the America/New_York timezone (EDT, UTC-04:00).