HB Wealth Management LLC Buys Shares of 26,698 Invesco Russell 2000 Dynamic Multifactor ETF $OMFS

HB Wealth Management LLC purchased a new stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 26,698 shares of the company’s stock, valued at approximately $1,424,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Bank of New York Mellon Corp lifted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 1.8% in the fourth quarter. Bank of New York Mellon Corp now owns 1,099,003 shares of the company’s stock valued at $48,873,000 after buying an additional 19,565 shares during the period. LPL Financial LLC increased its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 57.0% during the 4th quarter. LPL Financial LLC now owns 787,710 shares of the company’s stock worth $35,029,000 after purchasing an additional 286,014 shares in the last quarter. First Command Advisory Services Inc. raised its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 2.0% during the 4th quarter. First Command Advisory Services Inc. now owns 478,524 shares of the company’s stock worth $21,280,000 after buying an additional 9,223 shares during the period. Hantz Financial Services Inc. raised its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 5.8% during the 4th quarter. Hantz Financial Services Inc. now owns 416,605 shares of the company’s stock worth $18,526,000 after buying an additional 22,861 shares during the period. Finally, Raymond James Financial Inc. lifted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 6.2% in the third quarter. Raymond James Financial Inc. now owns 182,512 shares of the company’s stock valued at $8,028,000 after buying an additional 10,726 shares in the last quarter.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Down 0.7%

Shares of OMFS stock opened at $51.40 on Friday. The firm has a fifty day moving average of $52.89 and a 200-day moving average of $50.34. Invesco Russell 2000 Dynamic Multifactor ETF has a 12-month low of $40.69 and a 12-month high of $54.19. The company has a market capitalization of $304.29 million, a price-to-earnings ratio of 20.13 and a beta of 1.07.

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.