UBS Group AG Cuts Stock Holdings in Invesco Russell 2000 Dynamic Multifactor ETF $OMFS

UBS Group AG decreased its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF (BATS:OMFS) by 24.6% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 74,892 shares of the company’s stock after selling 24,391 shares during the quarter. UBS Group AG owned 1.27% of Invesco Russell 2000 Dynamic Multifactor ETF worth $3,330,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently modified their holdings of OMFS. Concurrent Investment Advisors LLC bought a new stake in Invesco Russell 2000 Dynamic Multifactor ETF in the 4th quarter worth approximately $234,000. NewEdge Advisors LLC bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the third quarter valued at approximately $220,000. Flow Traders U.S. LLC bought a new position in shares of Invesco Russell 2000 Dynamic Multifactor ETF during the third quarter valued at approximately $2,692,000. Raymond James Financial Inc. raised its holdings in shares of Invesco Russell 2000 Dynamic Multifactor ETF by 6.2% during the third quarter. Raymond James Financial Inc. now owns 182,512 shares of the company’s stock valued at $8,028,000 after acquiring an additional 10,726 shares in the last quarter. Finally, Equitable Holdings Inc. grew its stake in Invesco Russell 2000 Dynamic Multifactor ETF by 9.0% in the third quarter. Equitable Holdings Inc. now owns 9,425 shares of the company’s stock worth $415,000 after purchasing an additional 776 shares during the period.

Invesco Russell 2000 Dynamic Multifactor ETF Price Performance

Shares of OMFS stock opened at $50.50 on Monday. The stock has a market cap of $298.96 million, a price-to-earnings ratio of 20.13 and a beta of 1.07. The business’s fifty day moving average is $47.88 and its 200 day moving average is $46.55. Invesco Russell 2000 Dynamic Multifactor ETF has a twelve month low of $38.56 and a twelve month high of $51.05.

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.