Kestra Advisory Services LLC Cuts Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Kestra Advisory Services LLC trimmed its holdings in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS – Get Rating) by 48.3% in the first quarter, HoldingsChannel.com reports. The institutional investor owned 6,575 shares of the company’s stock after selling 6,154 shares during the period. Kestra Advisory Services LLC’s holdings in Invesco DWA SmallCap Momentum ETF were worth $557,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also recently bought and sold shares of the company. Bessemer Group Inc. purchased a new position in Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $181,000. Dynamic Advisor Solutions LLC purchased a new position in Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $213,000. Brown Advisory Inc. purchased a new position in Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $225,000. Great Valley Advisor Group Inc. purchased a new position in Invesco DWA SmallCap Momentum ETF in the 1st quarter valued at approximately $215,000. Finally, Fifth Third Securities Inc. purchased a new position in Invesco DWA SmallCap Momentum ETF in the 4th quarter valued at approximately $240,000.

Invesco DWA SmallCap Momentum ETF Price Performance

Invesco DWA SmallCap Momentum ETF stock opened at $71.72 on Thursday. The stock has a fifty day moving average of $73.57 and a two-hundred day moving average of $79.33. Invesco DWA SmallCap Momentum ETF has a fifty-two week low of $64.87 and a fifty-two week high of $100.69.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 30th. Shareholders of record on Wednesday, June 22nd were given a dividend of $0.132 per share. This is an increase from Invesco DWA SmallCap Momentum ETF’s previous quarterly dividend of $0.03. The ex-dividend date of this dividend was Tuesday, June 21st. This represents a $0.53 annualized dividend and a yield of 0.74%.