Tassel Capital Management Inc. Buys Shares of 19,873 Invesco Russell 2000 Dynamic Multifactor ETF $OMFS

Tassel Capital Management Inc. purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) during the second quarter, Holdings Channel.com reports. The fund purchased 19,873 shares of the company’s stock, valued at approximately $1,060,000. Invesco Russell 2000 Dynamic Multifactor ETF makes up about 0.5% of Tassel Capital Management Inc.’s investment portfolio, making the stock its 18th biggest holding.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. LPL Financial LLC raised its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 57.0% in the 4th quarter. LPL Financial LLC now owns 787,710 shares of the company’s stock valued at $35,029,000 after acquiring an additional 286,014 shares during the period. TD Waterhouse Canada Inc. purchased a new stake in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter valued at about $3,630,000. UBS Group AG boosted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 137.0% during the third quarter. UBS Group AG now owns 99,283 shares of the company’s stock worth $4,367,000 after purchasing an additional 57,390 shares during the period. RPg Family Wealth Advisory LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the second quarter worth about $2,175,000. Finally, Royal Bank of Canada increased its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 332.2% in the first quarter. Royal Bank of Canada now owns 44,889 shares of the company’s stock worth $1,705,000 after purchasing an additional 34,502 shares in the last quarter.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Up 0.4%

OMFS opened at $52.61 on Friday. The firm has a 50-day moving average price of $52.99 and a 200-day moving average price of $50.20. Invesco Russell 2000 Dynamic Multifactor ETF has a twelve month low of $40.69 and a twelve month high of $54.19. The company has a market capitalization of $311.45 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.