Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) Shares Up 0.8% – Here’s Why

Shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) traded up 0.8% during trading on Monday . The stock traded as high as $52.61 and last traded at $52.58. Approximately 13,314 shares changed hands during mid-day trading, a decline of 11% from the average daily volume of 14,963 shares. The stock had previously closed at $52.18.

Invesco Russell 2000 Dynamic Multifactor ETF Trading Up 0.4%

The stock’s 50-day moving average price is $50.41 and its two-hundred day moving average price is $47.79. The stock has a market capitalization of $311.27 million, a P/E ratio of 20.13 and a beta of 1.07.

Institutional Trading of Invesco Russell 2000 Dynamic Multifactor ETF

A number of large investors have recently bought and sold shares of the company. Equitable Holdings Inc. grew its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 3.2% during the 4th quarter. Equitable Holdings Inc. now owns 9,726 shares of the company’s stock valued at $433,000 after purchasing an additional 301 shares in the last quarter. MGO One Seven LLC raised its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 2.4% in the fourth quarter. MGO One Seven LLC now owns 16,523 shares of the company’s stock worth $735,000 after buying an additional 387 shares in the last quarter. Ameriflex Group Inc. purchased a new stake in shares of Invesco Russell 2000 Dynamic Multifactor ETF in the fourth quarter worth $49,000. Envestnet Asset Management Inc. raised its position in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 9.5% in the third quarter. Envestnet Asset Management Inc. now owns 12,840 shares of the company’s stock worth $565,000 after buying an additional 1,114 shares in the last quarter. Finally, Fortis Group Advisors LLC boosted its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 10.7% during the fourth quarter. Fortis Group Advisors LLC now owns 15,499 shares of the company’s stock valued at $728,000 after buying an additional 1,500 shares during the period.

About Invesco Russell 2000 Dynamic Multifactor ETF

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.