Northwestern Mutual Wealth Management Co. Acquires 887,452 Shares of Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Northwestern Mutual Wealth Management Co. boosted its holdings in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 5,993.1% during the fourth quarter, Holdings Channel.com reports. The fund owned 902,260 shares of the company’s stock after buying an additional 887,452 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.22% of Invesco Dorsey Wright SmallCap Momentum ETF worth $87,312,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC boosted its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 5.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,389,816 shares of the company’s stock valued at $410,068,000 after acquiring an additional 235,512 shares in the last quarter. Wealth Enhancement Trust Services Inc. bought a new stake in Invesco Dorsey Wright SmallCap Momentum ETF in the fourth quarter valued at $2,224,000. Sound Income Strategies LLC bought a new stake in Invesco Dorsey Wright SmallCap Momentum ETF in the fourth quarter valued at $906,000. Assetmark Inc. boosted its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 59.3% in the third quarter. Assetmark Inc. now owns 352 shares of the company’s stock valued at $32,000 after acquiring an additional 131 shares in the last quarter. Finally, Cibc World Market Inc. purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the third quarter valued at $230,000.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright SmallCap Momentum ETF stock opened at $112.47 on Monday. The firm has a market capitalization of $411.64 million, a P/E ratio of 17.65 and a beta of 1.15. The business has a fifty day simple moving average of $105.00 and a two-hundred day simple moving average of $100.67. Invesco Dorsey Wright SmallCap Momentum ETF has a 12 month low of $78.98 and a 12 month high of $116.16.

About Invesco Dorsey Wright SmallCap Momentum ETF

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. DWAS was launched on Jul 19, 2012 and is managed by Invesco.