IAG Wealth Partners LLC Increases Stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

IAG Wealth Partners LLC grew its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 2.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 92,414 shares of the company’s stock after buying an additional 1,936 shares during the period. IAG Wealth Partners LLC owned 0.96% of Invesco Russell 2000 Dynamic Multifactor ETF worth $3,655,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Hantz Financial Services Inc. bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the 2nd quarter valued at approximately $30,339,000. Bank of New York Mellon Corp lifted its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 6.5% in the 2nd quarter. Bank of New York Mellon Corp now owns 625,991 shares of the company’s stock worth $22,730,000 after acquiring an additional 38,445 shares during the last quarter. First Command Advisory Services Inc. boosted its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 14.4% during the 1st quarter. First Command Advisory Services Inc. now owns 301,490 shares of the company’s stock worth $11,387,000 after purchasing an additional 37,875 shares during the period. Solano Wealth Management Inc. grew its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 6.4% during the 2nd quarter. Solano Wealth Management Inc. now owns 553,518 shares of the company’s stock valued at $20,098,000 after purchasing an additional 33,098 shares during the last quarter. Finally, Avantax Advisory Services Inc. raised its position in 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 during the period.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

OMFS traded up $0.13 during trading hours on Friday, reaching $39.40. 6,118 shares of the company’s stock traded hands. The company’s 50-day moving average price is $39.04 and its 200-day moving average price is $37.53. The firm has a market capitalization of $380.21 million, a price-to-earnings ratio of 14.85 and a beta of 1.13.

Invesco Russell 2000 Dynamic Multifactor ETF Increases Dividend

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

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.