Envestnet Asset Management Inc. Has $1 Million Position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Envestnet Asset Management Inc. cut its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 20.0% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 25,284 shares of the company’s stock after selling 6,337 shares during the quarter. Envestnet Asset Management Inc. owned 0.26% of Invesco Russell 2000 Dynamic Multifactor ETF worth $1,000,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Jane Street Group LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF in the third quarter valued at about $681,000. Good Life Advisors LLC acquired a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter valued at approximately $1,152,000. Bank of New York Mellon Corp increased its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 1.9% in 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 buying an additional 12,182 shares during the period. First Command Advisory Services Inc. raised its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 8.7% in the 4th quarter. First Command Advisory Services Inc. now owns 388,246 shares of the company’s stock valued at $15,360,000 after buying an additional 31,145 shares during the last quarter. Finally, SRS Capital Advisors Inc. boosted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 1,800.8% during the 4th quarter. SRS Capital Advisors Inc. now owns 2,338 shares of the company’s stock worth $92,000 after buying an additional 2,215 shares during the period.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

OMFS opened at $37.61 on Friday. The firm has a market capitalization of $225.28 million, a price-to-earnings ratio of 18.00 and a beta of 1.06. The company’s 50 day moving average price is $37.09 and its two-hundred day moving average price is $39.72. Invesco Russell 2000 Dynamic Multifactor ETF has a fifty-two week low of $33.04 and a fifty-two week high of $44.31.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

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

About Invesco Russell 2000 Dynamic Multifactor ETF

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.