Commonwealth Equity Services LLC Grows Stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Commonwealth Equity Services LLC lifted its position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 3.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 30,715 shares of the company’s stock after purchasing an additional 881 shares during the quarter. Commonwealth Equity Services LLC owned about 0.32% of Invesco Russell 2000 Dynamic Multifactor ETF worth $1,215,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Independent Advisor Alliance purchased a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the fourth quarter worth about $586,000. Jane Street Group LLC purchased a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the third quarter worth about $681,000. SRS Capital Advisors Inc. increased its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 1,800.8% in the fourth quarter. SRS Capital Advisors Inc. now owns 2,338 shares of the company’s stock worth $92,000 after purchasing an additional 2,215 shares during the last quarter. First Command Advisory Services Inc. raised its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 8.7% in the fourth quarter. First Command Advisory Services Inc. now owns 388,246 shares of the company’s stock valued at $15,360,000 after purchasing an additional 31,145 shares in the last quarter. Finally, Bank of New York Mellon Corp lifted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 1.9% during the fourth quarter. Bank of New York Mellon Corp now owns 663,235 shares of the company’s stock valued at $26,240,000 after purchasing an additional 12,182 shares during the last quarter.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

OMFS stock opened at $37.42 on Monday. The firm has a 50 day simple moving average of $39.46 and a two-hundred day simple moving average of $40.26. The stock has a market cap of $228.62 million, a PE ratio of 19.33 and a beta of 1.13. Invesco Russell 2000 Dynamic Multifactor ETF has a one year low of $34.46 and a one year high of $44.31.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

The business also recently announced a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0424 dividend. The ex-dividend date was Monday, March 24th.

Invesco Russell 2000 Dynamic Multifactor ETF Company 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.