Hemington Wealth Management Raises Stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Hemington Wealth Management raised its position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 34.5% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 912 shares of the company’s stock after purchasing an additional 234 shares during the period. Hemington Wealth Management’s holdings in Invesco DWA SmallCap Momentum ETF were worth $83,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently modified their holdings of DWAS. Comprehensive Financial Planning Inc. PA acquired a new stake in Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at approximately $27,000. Realta Investment Advisors acquired a new position in shares of Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at $159,000. Family Capital Trust Co boosted its position in Invesco DWA SmallCap Momentum ETF by 17.8% during the 4th quarter. Family Capital Trust Co now owns 2,441 shares of the company’s stock worth $223,000 after acquiring an additional 368 shares during the period. Cornerstone Planning Group LLC lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 3.2% during the 3rd quarter. Cornerstone Planning Group LLC now owns 3,594 shares of the company’s stock valued at $335,000 after buying an additional 112 shares during the last quarter. Finally, Creative Planning raised its stake in shares of Invesco DWA SmallCap Momentum ETF by 12.1% in the 3rd quarter. Creative Planning now owns 3,704 shares of the company’s stock valued at $344,000 after acquiring an additional 400 shares in the last quarter.

Invesco DWA SmallCap Momentum ETF Price Performance

Shares of DWAS stock opened at $91.83 on Thursday. The stock’s fifty day simple moving average is $93.32 and its 200 day simple moving average is $93.11. The firm has a market cap of $806.27 million, a price-to-earnings ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a one year low of $79.36 and a one year high of $104.46.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The company also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were given a dividend of $0.0731 per share. This is a boost from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, December 23rd.

Invesco DWA SmallCap Momentum ETF Profile

The Invesco DWA SmallCap Momentum ETF (DWAS) is an exchange-traded fund that is based on the Dorsey Wright SmallCap Tech Leaders index. The fund tracks an index of 200 small-cap securities with the best relative strength indicators, these indicators are determined by Dorsey Wright’s proprietary methodology.