Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) Position Trimmed by Focus Financial Network Inc.

Focus Financial Network Inc. lessened its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 19.1% during the 1st quarter, HoldingsChannel reports. The fund owned 3,845 shares of the company’s stock after selling 905 shares during the period. Focus Financial Network Inc.’s holdings in Invesco Dorsey Wright SmallCap Momentum ETF were worth $300,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of DWAS. Farther Finance Advisors LLC purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the 4th quarter valued at about $27,000. JPMorgan Chase & Co. grew its stake in Invesco Dorsey Wright 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 acquiring an additional 230 shares in the last quarter. Jones Financial Companies Lllp purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the 4th quarter valued at about $40,000. CoreCap Advisors LLC grew its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 26.8% during the 4th quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock valued at $93,000 after acquiring an additional 216 shares in the last quarter. Finally, IFP Advisors Inc grew its stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 103.9% in the 4th quarter. IFP Advisors Inc now owns 2,165 shares of the company’s stock valued at $198,000 after buying an additional 1,103 shares in the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Performance

Shares of NASDAQ DWAS opened at $82.07 on Friday. The stock has a market cap of $665.59 million, a price-to-earnings ratio of 19.06 and a beta of 1.14. The business has a 50 day simple moving average of $78.59 and a 200 day simple moving average of $85.43. Invesco Dorsey Wright SmallCap Momentum ETF has a 52 week low of $66.94 and a 52 week high of $104.46.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

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

Invesco Dorsey Wright 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.