Vise Technologies Inc. Boosts Holdings in Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Vise Technologies Inc. raised its holdings in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 145.8% in the 4th quarter, Holdings Channel reports. The institutional investor owned 38,436 shares of the company’s stock after acquiring an additional 22,797 shares during the period. Vise Technologies Inc.’s holdings in Invesco Dorsey Wright SmallCap Momentum ETF were worth $3,719,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Trust Services Inc. bought a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the 4th quarter valued at $2,224,000. Wealth Enhancement Advisory Services LLC grew its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 2.9% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 4,516,029 shares of the company’s stock valued at $443,623,000 after buying an additional 126,213 shares during the last quarter. Northwestern Mutual Wealth Management Co. grew its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 5,993.1% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 902,260 shares of the company’s stock valued at $87,312,000 after buying an additional 887,452 shares during the last quarter. Sound Income Strategies LLC acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the 4th quarter valued at $906,000. Finally, ProVise Management Group LLC acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the 3rd quarter valued at $268,000.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Down 4.9%

NASDAQ:DWAS opened at $111.01 on Friday. Invesco Dorsey Wright SmallCap Momentum ETF has a 1 year low of $81.25 and a 1 year high of $117.53. The firm’s fifty day simple moving average is $109.98 and its 200 day simple moving average is $102.86. The firm has a market capitalization of $406.30 million, a PE ratio of 17.65 and a beta of 1.14.

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