MML Investors Services LLC Lowers Position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

MML Investors Services LLC decreased its stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 30.0% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 11,122 shares of the company’s stock after selling 4,770 shares during the quarter. MML Investors Services LLC owned approximately 0.12% of Invesco Russell 2000 Dynamic Multifactor ETF worth $440,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Bank of New York Mellon Corp raised its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 6.5% during the 2nd quarter. Bank of New York Mellon Corp now owns 625,991 shares of the company’s stock worth $22,730,000 after acquiring an additional 38,445 shares during the period. Traction Financial Partners LLC raised its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 4.2% during the 2nd quarter. Traction Financial Partners LLC now owns 115,979 shares of the company’s stock valued at $4,362,000 after purchasing an additional 4,701 shares during the period. Thoroughbred Financial Services LLC purchased a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the 2nd quarter valued at $267,000. IFG Advisory LLC boosted its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 14.7% in the 2nd quarter. IFG Advisory LLC now owns 26,643 shares of the company’s stock worth $967,000 after buying an additional 3,418 shares during the period. Finally, ORG Wealth Partners LLC bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the third quarter valued at about $232,000.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Down 0.7 %

Shares of Invesco Russell 2000 Dynamic Multifactor ETF stock opened at $39.71 on Tuesday. The firm has a 50 day simple moving average of $41.76 and a 200-day simple moving average of $39.04. The stock has a market capitalization of $383.24 million, a P/E ratio of 14.85 and a beta of 1.13.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

The company also recently announced a dividend, which will be paid on Friday, December 27th. Investors of record on Monday, December 23rd will be issued a $0.2004 dividend. The ex-dividend date of this dividend is Monday, December 23rd.

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.