Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) Stock Price Up 1.1% – Here’s Why

Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS)’s stock price traded up 1.1% during trading on Friday . The stock traded as high as $119.46 and last traded at $119.16. 4,655 shares changed hands during mid-day trading, a decline of 89% from the average session volume of 41,389 shares. The stock had previously closed at $117.90.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Up 1.1%

The firm has a market cap of $454.00 million, a P/E ratio of 17.65 and a beta of 1.14. The company’s fifty day moving average price is $118.04 and its two-hundred day moving average price is $109.87.

Institutional Trading of Invesco Dorsey Wright SmallCap Momentum ETF

Large investors have recently added to or reduced their stakes in the company. Mercer Global Advisors Inc. ADV increased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 3.8% during the fourth quarter. Mercer Global Advisors Inc. ADV now owns 3,112 shares of the company’s stock worth $301,000 after buying an additional 113 shares in the last quarter. Cetera Investment Advisers boosted its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 0.7% in the 1st quarter. Cetera Investment Advisers now owns 18,534 shares of the company’s stock worth $1,825,000 after acquiring an additional 133 shares in the last quarter. Geneos Wealth Management Inc. grew its position in Invesco Dorsey Wright SmallCap Momentum ETF by 1.6% during the 2nd quarter. Geneos Wealth Management Inc. now owns 8,388 shares of the company’s stock worth $712,000 after acquiring an additional 134 shares during the last quarter. Great Valley Advisor Group Inc. grew its position in Invesco Dorsey Wright SmallCap Momentum ETF by 5.2% during the 4th quarter. Great Valley Advisor Group Inc. now owns 3,274 shares of the company’s stock worth $317,000 after acquiring an additional 163 shares during the last quarter. Finally, Private Advisor Group LLC grew its position in Invesco Dorsey Wright SmallCap Momentum ETF by 2.0% during the 1st quarter. Private Advisor Group LLC now owns 8,679 shares of the company’s stock worth $855,000 after acquiring an additional 171 shares during the last quarter.

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.