Harbour Investments Inc. Reduces Stock Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Harbour Investments Inc. reduced its holdings in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 26.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 1,469 shares of the company’s stock after selling 531 shares during the quarter. Harbour Investments Inc.’s holdings in Invesco DWA SmallCap Momentum ETF were worth $134,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also bought and sold shares of DWAS. Raymond James Financial Inc. purchased a new stake in Invesco DWA SmallCap Momentum ETF in the 4th quarter worth approximately $24,961,000. Independent Advisor Alliance purchased a new stake in Invesco DWA SmallCap Momentum ETF in the 4th quarter worth approximately $1,958,000. Stifel Financial Corp lifted its stake in Invesco DWA SmallCap Momentum ETF by 49.3% in the 3rd quarter. Stifel Financial Corp now owns 27,029 shares of the company’s stock worth $2,510,000 after purchasing an additional 8,929 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in 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 purchasing an additional 8,304 shares in the last quarter. Finally, Partners Wealth Management LLC purchased a new stake in Invesco DWA SmallCap Momentum ETF in the 4th quarter worth approximately $506,000.

Invesco DWA SmallCap Momentum ETF Price Performance

NASDAQ DWAS opened at $79.98 on Friday. Invesco DWA SmallCap Momentum ETF has a 1 year low of $75.05 and a 1 year high of $104.46. The stock has a market capitalization of $702.22 million, a PE ratio of 17.99 and a beta of 1.14. The company’s 50 day simple moving average is $87.72 and its two-hundred day simple moving average is $92.07.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently disclosed 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. The ex-dividend date of this dividend was Monday, December 23rd. This is a boost from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

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.