ERn Financial LLC Lowers Position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

ERn Financial LLC trimmed its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 3.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,747 shares of the company’s stock after selling 559 shares during the quarter. ERn Financial LLC owned about 0.16% of Invesco Russell 2000 Dynamic Multifactor ETF worth $623,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in OMFS. Hantz Financial Services Inc. bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the 2nd quarter worth $30,339,000. Bank of New York Mellon Corp increased its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 6.5% in the second quarter. Bank of New York Mellon Corp now owns 625,991 shares of the company’s stock valued at $22,730,000 after acquiring an additional 38,445 shares during the last quarter. First Command Advisory Services Inc. raised its position in Invesco Russell 2000 Dynamic Multifactor ETF by 14.4% during the first quarter. First Command Advisory Services Inc. now owns 301,490 shares of the company’s stock valued at $11,387,000 after purchasing an additional 37,875 shares in the last quarter. Solano Wealth Management Inc. lifted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 6.4% during the second quarter. Solano Wealth Management Inc. now owns 553,518 shares of the company’s stock worth $20,098,000 after purchasing an additional 33,098 shares during the last quarter. Finally, Avantax Advisory Services Inc. boosted its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 43.8% in the 1st quarter. Avantax Advisory Services Inc. now owns 89,071 shares of the company’s stock worth $3,364,000 after purchasing an additional 27,138 shares in the last quarter.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

Shares of Invesco Russell 2000 Dynamic Multifactor ETF stock opened at $40.08 on Wednesday. The firm’s 50 day moving average price is $38.40 and its 200-day moving average price is $37.22. The company has a market cap of $386.77 million, a price-to-earnings ratio of 14.85 and a beta of 1.13.

Invesco Russell 2000 Dynamic Multifactor ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, September 27th. Shareholders of record on Monday, September 23rd were given a dividend of $0.2052 per share. This is a boost from Invesco Russell 2000 Dynamic Multifactor ETF’s previous dividend of $0.16. The ex-dividend date of this dividend was Monday, September 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.