Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Sees Strong Trading Volume – What’s Next?

Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) saw strong trading volume on Thursday . 501,950 shares traded hands during trading, an increase of 106% from the previous session’s volume of 243,500 shares.The stock last traded at $91.68 and had previously closed at $91.34.

Invesco DWA SmallCap Momentum ETF Trading Up 0.5 %

The firm has a market capitalization of $1.01 billion, a P/E ratio of 12.01 and a beta of 1.14. The company has a 50 day simple moving average of $96.48 and a two-hundred day simple moving average of $92.49.

Invesco DWA SmallCap Momentum ETF Increases Dividend

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

Institutional Investors Weigh In On Invesco DWA SmallCap Momentum ETF

Several large investors have recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC lifted its position in Invesco DWA SmallCap Momentum ETF by 1.9% during the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,117,302 shares of the company’s stock valued at $568,114,000 after purchasing an additional 113,514 shares during the last quarter. Sanctuary Advisors LLC bought a new position in shares of Invesco DWA SmallCap Momentum ETF in the 2nd quarter valued at about $3,499,000. New Century Financial Group LLC purchased a new position in Invesco DWA SmallCap Momentum ETF in the third quarter worth about $1,584,000. KMG Fiduciary Partners LLC increased its stake in Invesco DWA SmallCap Momentum ETF by 407.0% during the third 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. Finally, Nottingham Advisors Inc. purchased a new stake in Invesco DWA SmallCap Momentum ETF during the third quarter valued at approximately $1,221,000.

About Invesco DWA 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.