Baird Financial Group Inc. Increases Stock Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Baird Financial Group Inc. grew its stake in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 3.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,859 shares of the company’s stock after acquiring an additional 1,049 shares during the quarter. Baird Financial Group Inc.’s holdings in Invesco DWA SmallCap Momentum ETF were worth $2,908,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in DWAS. Jane Street Group LLC boosted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 9.9% in the fourth quarter. Jane Street Group LLC now owns 2,743 shares of the company’s stock worth $250,000 after buying an additional 247 shares during the last quarter. Tower Research Capital LLC TRC purchased a new position in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter worth approximately $255,000. NewEdge Advisors LLC boosted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 836.1% in the fourth quarter. NewEdge Advisors LLC now owns 4,362 shares of the company’s stock worth $398,000 after buying an additional 3,896 shares during the last quarter. Raymond James Financial Inc. purchased a new position in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter worth approximately $24,961,000. Finally, Wells Fargo & Company MN boosted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 13.3% in the fourth quarter. Wells Fargo & Company MN now owns 255,378 shares of the company’s stock worth $23,313,000 after buying an additional 29,937 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Trading Down 0.3%

NASDAQ DWAS opened at $79.44 on Monday. Invesco DWA SmallCap Momentum ETF has a 12 month low of $66.94 and a 12 month high of $104.46. The stock has a market cap of $644.26 million, a price-to-earnings ratio of 17.53 and a beta of 1.14. The company’s 50 day moving average is $76.58 and its two-hundred day moving average is $88.01.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

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

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.