Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Hits New 1-Year Low – Here’s What Happened

by · The Cerbat Gem

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS – Get Free Report) reached a new 52-week low during trading on Wednesday . The stock traded as low as $66.94 and last traded at $68.06, with a volume of 27354 shares changing hands. The stock had previously closed at $68.68.

Invesco DWA SmallCap Momentum ETF Trading Up 1.2 %

The firm has a market cap of $606.01 million, a P/E ratio of 15.99 and a beta of 1.14. The business’s 50-day moving average is $81.94 and its two-hundred day moving average is $90.36.

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 given a dividend of $0.0524 per share. The ex-dividend date of this dividend was Monday, March 24th.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. FMR LLC increased its position in Invesco DWA SmallCap Momentum ETF by 24.5% in the third quarter. FMR LLC now owns 4,632 shares of the company’s stock worth $430,000 after buying an additional 913 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of Invesco DWA SmallCap Momentum ETF by 77.4% in the 4th quarter. Commonwealth Equity Services LLC now owns 19,033 shares of the company’s stock worth $1,737,000 after acquiring an additional 8,304 shares during the period. Stratos Wealth Partners LTD. lifted its position in Invesco DWA SmallCap Momentum ETF by 11.5% in the 4th quarter. Stratos Wealth Partners LTD. now owns 4,628 shares of the company’s stock valued at $423,000 after purchasing an additional 477 shares during the last quarter. Jones Financial Companies Lllp acquired a new position in Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at about $40,000. Finally, Janney Montgomery Scott LLC grew its position in Invesco DWA SmallCap Momentum ETF by 1.8% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,499 shares of the company’s stock worth $2,602,000 after purchasing an additional 517 shares during the last quarter.

About Invesco DWA SmallCap Momentum ETF

(Get Free Report)

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.

Read More