Baird Financial Group Inc. Acquires 1,049 Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Baird Financial Group Inc. increased its holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 3.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 31,859 shares of the company’s stock after acquiring an additional 1,049 shares during the quarter. Baird Financial Group Inc. owned about 0.36% of Invesco DWA SmallCap Momentum ETF worth $2,908,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors also recently bought and sold shares of the company. Comprehensive Financial Planning Inc. PA purchased a new stake in Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at about $27,000. Farther Finance Advisors LLC purchased a new stake in Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at about $27,000. JPMorgan Chase & Co. grew its position 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 valued at $36,000 after purchasing an additional 230 shares during the last quarter. Jones Financial Companies Lllp purchased a new stake in Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at about $40,000. Finally, Hemington Wealth Management grew 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 last quarter.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of DWAS stock opened at $79.44 on Monday. Invesco DWA SmallCap Momentum ETF has a one year low of $66.94 and a one year high of $104.46. The company’s 50-day moving average is $76.58 and its 200 day moving average is $88.01. The company has a market capitalization of $644.26 million, a price-to-earnings ratio of 17.53 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Friday, March 28th. Stockholders of record on Monday, March 24th were issued a dividend of $0.0524 per share. The ex-dividend date of this dividend was Monday, March 24th.

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.