Bank of New York Mellon Corp Buys 370,959 Shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Bank of New York Mellon Corp raised its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 55.9% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,034,194 shares of the company’s stock after acquiring an additional 370,959 shares during the quarter. Bank of New York Mellon Corp owned approximately 17.27% of Invesco Russell 2000 Dynamic Multifactor ETF worth $39,289,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Solano Wealth Investment Advisors LLC bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter valued at about $6,415,000. Raymond James Financial Inc. acquired a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter worth about $6,414,000. Susquehanna International Group LLP increased its position in Invesco Russell 2000 Dynamic Multifactor ETF by 68.2% in the fourth quarter. Susquehanna International Group LLP now owns 62,161 shares of the company’s stock worth $2,459,000 after purchasing an additional 25,201 shares during the period. Graney & King LLC acquired a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter worth about $596,000. Finally, Independent Advisor Alliance acquired a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter worth about $586,000.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Up 2.9%

Shares of OMFS stock opened at $41.01 on Tuesday. The firm has a market cap of $242.78 million, a price-to-earnings ratio of 20.13 and a beta of 1.07. The stock has a 50-day moving average price of $39.68 and a 200 day moving average price of $38.99. Invesco Russell 2000 Dynamic Multifactor ETF has a 12 month low of $33.04 and a 12 month high of $44.31.

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.