Avestar Capital LLC Has $2.42 Million Holdings in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Avestar Capital LLC cut its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 15.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 61,237 shares of the company’s stock after selling 11,584 shares during the period. Avestar Capital LLC owned 0.63% of Invesco Russell 2000 Dynamic Multifactor ETF worth $2,422,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in the company. Hantz Financial Services Inc. bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the second quarter worth $30,339,000. Bank of New York Mellon Corp increased its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 6.5% during the 2nd 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. Proactive Wealth Strategies LLC acquired a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the 3rd quarter valued at about $1,361,000. Solano Wealth Management Inc. raised its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 6.4% in the 2nd quarter. Solano Wealth Management Inc. now owns 553,518 shares of the company’s stock valued at $20,098,000 after acquiring an additional 33,098 shares in the last quarter. Finally, First Command Advisory Services Inc. lifted its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 8.7% in the 2nd quarter. First Command Advisory Services Inc. now owns 327,681 shares of the company’s stock worth $11,898,000 after purchasing an additional 26,191 shares during the last quarter.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Up 1.3 %

BATS:OMFS opened at $43.90 on Tuesday. The firm has a market cap of $423.64 million, a price-to-earnings ratio of 14.85 and a beta of 1.13. The firm has a 50-day moving average price of $40.43 and a two-hundred day moving average price of $38.28.

Invesco Russell 2000 Dynamic Multifactor ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, September 27th. Stockholders of record on Monday, September 23rd were paid a $0.2052 dividend. This is a positive change from Invesco Russell 2000 Dynamic Multifactor ETF’s previous dividend of $0.16. The ex-dividend date was Monday, September 23rd.

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.