Apella Capital LLC Reduces Stock Position in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS)

Apella Capital LLC reduced its stake in Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 8.2% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,988 shares of the company’s stock after selling 1,160 shares during the period. Apella Capital LLC owned 0.13% of Invesco Russell 2000 Dynamic Multifactor ETF worth $455,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. PAX Financial Group LLC boosted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 15.9% during the 1st quarter. PAX Financial Group LLC now owns 9,351 shares of the company’s stock valued at $353,000 after acquiring an additional 1,285 shares in the last quarter. Avantax Advisory Services Inc. boosted its position in Invesco Russell 2000 Dynamic Multifactor ETF by 43.8% during the 1st quarter. Avantax Advisory Services Inc. now owns 89,071 shares of the company’s stock valued at $3,364,000 after acquiring an additional 27,138 shares in the last quarter. 49 Wealth Management LLC lifted its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 3.0% during the first quarter. 49 Wealth Management LLC now owns 10,685 shares of the company’s stock valued at $399,000 after purchasing an additional 312 shares during the last quarter. First Command Advisory Services Inc. lifted its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 14.4% during the first quarter. First Command Advisory Services Inc. now owns 301,490 shares of the company’s stock valued at $11,387,000 after purchasing an additional 37,875 shares during the last quarter. Finally, Concord Wealth Partners purchased a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the first quarter valued at approximately $35,000.

Invesco Russell 2000 Dynamic Multifactor ETF Stock Performance

Shares of OMFS stock traded down $0.50 during trading hours on Wednesday, hitting $35.83. 74,278 shares of the company’s stock traded hands. The stock has a 50-day moving average price of $36.67 and a two-hundred day moving average price of $36.56. The firm has a market cap of $345.76 million, a PE ratio of 14.85 and a beta of 1.13.

Invesco Russell 2000 Dynamic Multifactor ETF Cuts Dividend

The firm also recently announced a dividend, which was paid on Friday, June 28th. Stockholders of record on Monday, June 24th were issued a dividend of $0.1592 per share. The ex-dividend date was Monday, June 24th.

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.