Partners Wealth Management LLC Takes $506,000 Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Partners Wealth Management LLC purchased a new position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 5,538 shares of the company’s stock, valued at approximately $506,000. Partners Wealth Management LLC owned 0.06% of Invesco DWA SmallCap Momentum ETF as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently modified their holdings of the company. Sanctuary Advisors LLC raised its position in Invesco DWA SmallCap Momentum ETF by 0.4% during the fourth quarter. Sanctuary Advisors LLC now owns 39,564 shares of the company’s stock valued at $3,713,000 after purchasing an additional 150 shares in the last quarter. Centerpoint Advisory Group acquired a new position in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter worth $244,000. Hemington Wealth Management lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 34.5% during the 4th quarter. Hemington Wealth Management now owns 912 shares of the company’s stock worth $83,000 after buying an additional 234 shares during the last quarter. Focus Financial Network Inc. lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 19.3% during the 4th quarter. Focus Financial Network Inc. now owns 4,750 shares of the company’s stock worth $434,000 after buying an additional 769 shares during the last quarter. Finally, Cornerstone Planning Group LLC boosted its stake in Invesco DWA SmallCap Momentum ETF by 3.7% in the fourth quarter. Cornerstone Planning Group LLC now owns 3,728 shares of the company’s stock valued at $339,000 after buying an additional 134 shares in the last quarter.

Invesco DWA SmallCap Momentum ETF Trading Down 4.5 %

Shares of NASDAQ DWAS opened at $86.44 on Monday. The company has a market cap of $758.94 million, a price-to-earnings ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a 12 month low of $79.36 and a 12 month high of $104.46. The stock has a 50-day moving average price of $92.33 and a two-hundred day moving average price of $93.35.

Invesco DWA SmallCap Momentum ETF Increases Dividend

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

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.