New Century Financial Group LLC Decreases Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

New Century Financial Group LLC trimmed its stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 6.4% during the fourth quarter, Holdings Channel reports. The fund owned 15,961 shares of the company’s stock after selling 1,100 shares during the period. New Century Financial Group LLC’s holdings in Invesco DWA SmallCap Momentum ETF were worth $1,497,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. FMR LLC raised its holdings in shares of Invesco DWA SmallCap Momentum ETF by 24.5% in the 3rd quarter. FMR LLC now owns 4,632 shares of the company’s stock worth $430,000 after purchasing an additional 913 shares during the period. Creative Planning raised its stake in shares of Invesco DWA SmallCap Momentum ETF by 12.1% in the third quarter. Creative Planning now owns 3,704 shares of the company’s stock valued at $344,000 after buying an additional 400 shares during the period. Nemes Rush Group LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 1.8% during the 2nd quarter. Nemes Rush Group LLC now owns 8,508 shares of the company’s stock valued at $724,000 after buying an additional 154 shares during the last quarter. Dynamic Advisor Solutions LLC grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 7.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 5,004 shares of the company’s stock worth $465,000 after acquiring an additional 342 shares during the period. Finally, KMG Fiduciary Partners LLC increased its holdings in Invesco DWA SmallCap Momentum ETF by 407.0% in the 3rd quarter. KMG Fiduciary Partners LLC now owns 19,110 shares of the company’s stock worth $1,775,000 after acquiring an additional 15,341 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of Invesco DWA SmallCap Momentum ETF stock opened at $95.40 on Friday. The stock has a market capitalization of $862.42 million, a P/E ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a 52-week low of $79.36 and a 52-week high of $104.46. The stock’s 50-day simple moving average is $95.60 and its 200 day simple moving average is $92.80.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a $0.0731 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

Invesco DWA 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.