Concurrent Investment Advisors LLC Trims Position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Concurrent Investment Advisors LLC decreased its stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 70.8% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 6,009 shares of the company’s stock after selling 14,598 shares during the quarter. Concurrent Investment Advisors LLC owned approximately 0.06% of Invesco Russell 2000 Dynamic Multifactor ETF worth $238,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in the stock. IAG Wealth Partners LLC lifted its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 2.1% in the 3rd quarter. IAG Wealth Partners LLC now owns 92,414 shares of the company’s stock worth $3,655,000 after buying an additional 1,936 shares during the period. Proactive Wealth Strategies LLC bought a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the third quarter valued at about $1,361,000. Good Life Advisors LLC purchased a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter worth about $1,152,000. Orrstown Financial Services Inc. grew its holdings in Invesco Russell 2000 Dynamic Multifactor ETF by 1.8% during the 3rd quarter. Orrstown Financial Services Inc. now owns 28,440 shares of the company’s stock worth $1,125,000 after acquiring an additional 505 shares in the last quarter. Finally, Jane Street Group LLC bought a new position in Invesco Russell 2000 Dynamic Multifactor ETF during the 3rd quarter worth about $681,000.

Invesco Russell 2000 Dynamic Multifactor ETF Trading Down 1.1 %

Shares of OMFS stock opened at $39.40 on Wednesday. The company’s 50-day simple moving average is $40.37 and its 200 day simple moving average is $40.25. The stock has a market capitalization of $243.88 million, a price-to-earnings ratio of 21.44 and a beta of 1.13.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Shareholders of record on Monday, December 23rd were issued a $0.2004 dividend. The ex-dividend date was Monday, December 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.