Focus Financial Network Inc. Raises Stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Focus Financial Network Inc. raised its stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 19.3% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,750 shares of the company’s stock after buying an additional 769 shares during the quarter. Focus Financial Network Inc. owned approximately 0.05% of Invesco DWA SmallCap Momentum ETF worth $434,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in DWAS. Cornerstone Planning Group LLC grew its holdings in shares of 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 period. Comprehensive Financial Planning Inc. PA purchased a new position in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter worth $27,000. Family Capital Trust Co grew its holdings in shares of Invesco DWA SmallCap Momentum ETF by 17.8% during the 4th quarter. Family Capital Trust Co now owns 2,441 shares of the company’s stock worth $223,000 after purchasing an additional 368 shares during the period. Realta Investment Advisors purchased a new position in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter worth $159,000. Finally, Stratos Wealth Partners LTD. grew its holdings in shares of Invesco DWA SmallCap Momentum ETF by 11.5% during the 4th quarter. Stratos Wealth Partners LTD. now owns 4,628 shares of the company’s stock worth $423,000 after purchasing an additional 477 shares during the period.

Invesco DWA SmallCap Momentum ETF Trading Up 1.3 %

NASDAQ DWAS opened at $93.06 on Friday. The stock has a market cap of $817.07 million, a PE ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a twelve month low of $79.36 and a twelve month high of $104.46. The stock has a fifty day simple moving average of $93.17 and a 200-day simple moving average of $93.11.

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 dividend of $0.0731 per share. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

About Invesco DWA 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.