Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Shares Sold by LPL Financial LLC

LPL Financial LLC decreased its stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 30.9% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,028,841 shares of the company’s stock after selling 461,046 shares during the period. LPL Financial LLC owned approximately 10.66% of Invesco Russell 2000 Dynamic Multifactor ETF worth $37,357,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. EdgeRock Capital LLC acquired a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the second quarter valued at about $26,000. Concord Wealth Partners acquired a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the first quarter worth about $35,000. Frazier Financial Advisors LLC acquired a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the fourth quarter worth about $35,000. Focus Financial Network Inc. ADV acquired a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the fourth quarter worth about $243,000. Finally, ARQ Wealth Advisors LLC acquired a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the fourth quarter worth about $252,000.

Invesco Russell 2000 Dynamic Multifactor ETF Trading Up 1.9 %

Shares of OMFS opened at $38.34 on Monday. The firm has a market capitalization of $369.98 million, a PE ratio of 14.85 and a beta of 1.13. The business’s 50-day simple moving average is $37.62 and its 200-day simple moving average is $36.79.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Shareholders of record on Monday, June 24th were given a dividend of $0.1592 per share. The ex-dividend date of this dividend was Monday, June 24th.

Invesco Russell 2000 Dynamic Multifactor ETF Profile

The Invesco Russell 2000 Dynamic Multifactor ETF (OMFS) is an exchange-traded fund that mostly invests in small-cap stocks. The fund tracks an index of US small-cap stocks selected by five investment factors, which are weighted based on current macroeconomic conditions. OMFS was launched on Nov 8, 2017 and is managed by Invesco.