Financial Partners Group Inc Boosts Stock Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Financial Partners Group Inc boosted its stake in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 27.9% in the fourth quarter, Holdings Channel reports. The institutional investor owned 22,445 shares of the company’s stock after purchasing an additional 4,898 shares during the period. Financial Partners Group Inc’s holdings in Invesco DWA SmallCap Momentum ETF were worth $2,049,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the stock. Cornerstone Planning Group LLC grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 3.2% in the third quarter. Cornerstone Planning Group LLC now owns 3,594 shares of the company’s stock worth $335,000 after acquiring an additional 112 shares during the last quarter. Creative Planning boosted its stake in Invesco DWA SmallCap Momentum ETF by 12.1% in the 3rd quarter. Creative Planning now owns 3,704 shares of the company’s stock worth $344,000 after purchasing an additional 400 shares in the last quarter. MorganRosel Wealth Management LLC boosted its stake in Invesco DWA SmallCap Momentum ETF by 3.3% in the 3rd quarter. MorganRosel Wealth Management LLC now owns 4,066 shares of the company’s stock worth $378,000 after purchasing an additional 131 shares in the last quarter. FMR LLC grew its position in Invesco DWA SmallCap Momentum ETF by 24.5% during the 3rd quarter. FMR LLC now owns 4,632 shares of the company’s stock valued at $430,000 after purchasing an additional 913 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its stake in Invesco DWA SmallCap Momentum ETF by 7.3% during the 3rd quarter. Dynamic Advisor Solutions LLC now owns 5,004 shares of the company’s stock valued at $465,000 after purchasing an additional 342 shares in the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of NASDAQ DWAS opened at $92.92 on Monday. The firm’s 50 day moving average price is $94.85 and its 200-day moving average price is $93.02. Invesco DWA SmallCap Momentum ETF has a 52-week low of $79.36 and a 52-week high of $104.46. The company has a market cap of $812.12 million, a PE ratio of 12.01 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The firm also recently disclosed a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were given a $0.0731 dividend. 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 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.