Partners Wealth Management LLC Takes $506,000 Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Partners Wealth Management LLC acquired a new stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) in the 4th quarter, Holdings Channel.com reports. The fund acquired 5,538 shares of the company’s stock, valued at approximately $506,000.

A number of other large investors have also added to or reduced their stakes in the business. Sanctuary Advisors LLC grew its holdings in Invesco DWA SmallCap Momentum ETF by 0.4% during the 4th quarter. Sanctuary Advisors LLC now owns 39,564 shares of the company’s stock worth $3,713,000 after acquiring an additional 150 shares during the last quarter. Centerpoint Advisory Group acquired a new position in shares of Invesco DWA SmallCap Momentum ETF during the fourth quarter worth $244,000. Hemington Wealth Management grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 34.5% in the fourth quarter. Hemington Wealth Management now owns 912 shares of the company’s stock worth $83,000 after purchasing an additional 234 shares during the last quarter. Focus Financial Network Inc. increased its holdings in Invesco DWA SmallCap Momentum ETF by 19.3% in the fourth quarter. Focus Financial Network Inc. now owns 4,750 shares of the company’s stock valued at $434,000 after purchasing an additional 769 shares during the period. Finally, Cornerstone Planning Group LLC raised its position in Invesco DWA SmallCap Momentum ETF by 3.7% during the 4th quarter. Cornerstone Planning Group LLC now owns 3,728 shares of the company’s stock worth $339,000 after purchasing an additional 134 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Trading Down 4.5 %

Shares of DWAS opened at $86.44 on Monday. The company has a market capitalization of $758.94 million, a PE ratio of 12.01 and a beta of 1.14. The stock’s 50-day moving average price is $92.33 and its two-hundred day moving average price is $93.35. Invesco DWA SmallCap Momentum ETF has a 12 month low of $79.36 and a 12 month high of $104.46.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were paid a $0.0731 dividend. This is a positive change from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date was Monday, December 23rd.

Invesco DWA SmallCap Momentum ETF Company 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.