Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS – Get Free Report)’s share price rose 1.1% during trading on Friday . The company traded as high as $110.31 and last traded at $110.27. Approximately 8,877 shares traded hands during trading, a decline of 77% from the average session volume of 39,069 shares. The stock had previously closed at $109.08.
Invesco Dorsey Wright SmallCap Momentum ETF Stock Performance
The company has a market capitalization of $420.13 million, a price-to-earnings ratio of 17.65 and a beta of 1.14. The firm has a 50-day simple moving average of $116.18 and a two-hundred day simple moving average of $111.06.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in the business. Global Assets Advisory LLC purchased a new stake in Invesco Dorsey Wright SmallCap Momentum ETF during the 1st quarter worth approximately $57,000. JPMorgan Chase & Co. boosted its position in Invesco Dorsey Wright SmallCap Momentum ETF by 951.1% in the 2nd quarter. JPMorgan Chase & Co. now owns 946 shares of the company’s stock valued at $80,000 after buying an additional 856 shares during the period. Sankala Group LLC purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the 4th quarter valued at approximately $124,000. Advisory Services Network LLC acquired a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the third quarter worth $170,000. Finally, Kestra Advisory Services LLC acquired a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the fourth quarter worth $192,000.
About Invesco Dorsey Wright 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. DWAS was launched on Jul 19, 2012 and is managed by Invesco.
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