Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Hits New 1-Year Low – Should You Sell?

Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) reached a new 52-week low during trading on Tuesday . The stock traded as low as $79.27 and last traded at $78.79, with a volume of 7440 shares. The stock had previously closed at $81.97.

Invesco DWA SmallCap Momentum ETF Stock Performance

The company has a market cap of $698.14 million, a P/E ratio of 18.44 and a beta of 1.20. The business’s fifty day moving average is $91.23 and its two-hundred day moving average is $93.25.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The company also recently declared a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued 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 of this dividend was Monday, December 23rd.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC grew its position 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 worth $335,000 after buying an additional 112 shares in the last quarter. Sanctuary Advisors LLC lifted its stake in Invesco DWA SmallCap Momentum ETF by 0.4% in the fourth 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 period. CoreCap Advisors LLC lifted its stake in Invesco DWA SmallCap Momentum ETF by 26.8% in the fourth quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock worth $93,000 after acquiring an additional 216 shares during the period. JPMorgan Chase & Co. grew its holdings in Invesco DWA SmallCap Momentum ETF by 144.7% during the 4th quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after acquiring an additional 230 shares in the last quarter. Finally, Hemington Wealth Management increased its position in Invesco DWA SmallCap Momentum ETF by 34.5% during the 4th quarter. Hemington Wealth Management now owns 912 shares of the company’s stock valued at $83,000 after purchasing an additional 234 shares during the period.

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.