Partners Wealth Management LLC Grows Position in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS)

Partners Wealth Management LLC raised its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 2.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 5,698 shares of the company’s stock after purchasing an additional 160 shares during the quarter. Partners Wealth Management LLC owned approximately 0.07% of Invesco Dorsey Wright SmallCap Momentum ETF worth $444,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Farther Finance Advisors LLC purchased a new stake in Invesco Dorsey Wright SmallCap Momentum ETF during the fourth quarter valued at about $27,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 144.7% in the fourth quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after buying an additional 230 shares in the last quarter. Jones Financial Companies Lllp purchased a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the fourth quarter worth about $40,000. CoreCap Advisors LLC lifted its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 26.8% in the fourth quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock worth $93,000 after buying an additional 216 shares in the last quarter. Finally, IFP Advisors Inc lifted its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 103.9% in the fourth quarter. IFP Advisors Inc now owns 2,165 shares of the company’s stock worth $198,000 after buying an additional 1,103 shares in the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Down 1.9%

Shares of Invesco Dorsey Wright SmallCap Momentum ETF stock opened at $82.07 on Friday. Invesco Dorsey Wright SmallCap Momentum ETF has a 12-month low of $66.94 and a 12-month high of $104.46. The company has a market cap of $665.59 million, a price-to-earnings ratio of 19.06 and a beta of 1.14. The company’s 50-day moving average price is $78.59 and its 200-day moving average price is $85.31.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Friday, March 28th. Stockholders 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.