2,463 Shares in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Purchased by Simplicity Wealth LLC

Simplicity Wealth LLC acquired a new stake in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) during the fourth quarter, HoldingsChannel.com reports. The firm acquired 2,463 shares of the company’s stock, valued at approximately $225,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Comprehensive Financial Planning Inc. PA purchased a new stake in Invesco DWA SmallCap Momentum ETF during the fourth quarter valued at approximately $27,000. Jones Financial Companies Lllp purchased a new stake in Invesco DWA SmallCap Momentum ETF during the fourth quarter valued at approximately $40,000. Hemington Wealth Management raised its holdings 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 buying an additional 234 shares during the period. Realta Investment Advisors purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter worth approximately $159,000. Finally, IFP Advisors Inc raised its holdings in shares of Invesco DWA SmallCap Momentum ETF by 103.9% in the fourth quarter. IFP Advisors Inc now owns 2,165 shares of the company’s stock worth $198,000 after buying an additional 1,103 shares during the period.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of NASDAQ DWAS opened at $77.34 on Wednesday. The business’s 50 day moving average price is $89.94 and its 200-day moving average price is $92.88. Invesco DWA SmallCap Momentum ETF has a fifty-two week low of $75.05 and a fifty-two week high of $104.46. The company has a market cap of $679.05 million, a price-to-earnings ratio of 18.44 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The firm also recently declared a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.0731 dividend. This is an increase 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.