LPL Financial LLC Buys 20,075 Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

LPL Financial LLC increased its position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 11.2% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 198,821 shares of the company’s stock after buying an additional 20,075 shares during the period. LPL Financial LLC’s holdings in Invesco DWA SmallCap Momentum ETF were worth $18,150,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Cornerstone Planning Group LLC grew its stake in Invesco DWA SmallCap Momentum ETF by 3.7% in the fourth quarter. Cornerstone Planning Group LLC now owns 3,728 shares of the company’s stock valued at $339,000 after acquiring an additional 134 shares during the period. Sanctuary Advisors LLC increased its stake in Invesco DWA SmallCap Momentum ETF by 0.4% during the 4th quarter. Sanctuary Advisors LLC now owns 39,564 shares of the company’s stock valued at $3,713,000 after purchasing an additional 150 shares in the last quarter. Hemington Wealth Management increased its stake 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 in the last quarter. Comprehensive Financial Planning Inc. PA bought a new stake in Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at $27,000. Finally, Farther Finance Advisors LLC bought a new position in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at $27,000.

Invesco DWA SmallCap Momentum ETF Price Performance

NASDAQ:DWAS opened at $77.98 on Tuesday. The firm has a 50-day moving average of $86.48 and a 200-day moving average of $91.84. The company has a market cap of $684.66 million, a PE ratio of 17.99 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a one year low of $75.05 and a one year high of $104.46.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

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

Invesco DWA SmallCap Momentum ETF 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.