Snowden Capital Advisors LLC Grows Stock Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Snowden Capital Advisors LLC lifted its position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 6.8% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 19,185 shares of the company’s stock after buying an additional 1,225 shares during the period. Snowden Capital Advisors LLC owned approximately 0.22% of Invesco DWA SmallCap Momentum ETF worth $1,751,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Raymond James Financial Inc. acquired a new stake in Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at approximately $24,961,000. Wells Fargo & Company MN boosted its position in shares of Invesco DWA SmallCap Momentum ETF by 13.3% in the 4th quarter. Wells Fargo & Company MN now owns 255,378 shares of the company’s stock worth $23,313,000 after purchasing an additional 29,937 shares in the last quarter. Independent Advisor Alliance purchased a new position in Invesco DWA SmallCap Momentum ETF during the 4th quarter worth $1,958,000. LPL Financial LLC increased its position in Invesco DWA SmallCap Momentum ETF by 11.2% during the 4th quarter. LPL Financial LLC now owns 198,821 shares of the company’s stock valued at $18,150,000 after buying an additional 20,075 shares in the last quarter. Finally, Commonwealth Equity Services LLC raised its stake in Invesco DWA SmallCap Momentum ETF by 77.4% in the fourth quarter. Commonwealth Equity Services LLC now owns 19,033 shares of the company’s stock valued at $1,737,000 after buying an additional 8,304 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of NASDAQ DWAS opened at $82.58 on Friday. Invesco DWA SmallCap Momentum ETF has a fifty-two week low of $66.94 and a fifty-two week high of $104.46. The company has a market cap of $669.72 million, a PE ratio of 17.53 and a beta of 1.14. The business has a 50-day simple moving average of $76.86 and a two-hundred day simple moving average of $87.66.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

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

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.