LPL Financial LLC Has $13.58 Million Position in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS)

LPL Financial LLC lessened its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 12.4% during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 174,202 shares of the company’s stock after selling 24,619 shares during the quarter. LPL Financial LLC owned about 2.15% of Invesco Dorsey Wright SmallCap Momentum ETF worth $13,584,000 at the end of the most recent quarter.

Other large investors have also made changes to their positions in the company. JPMorgan Chase & Co. increased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 144.7% in the fourth quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after acquiring an additional 230 shares in the last quarter. Blue Trust Inc. acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the first quarter valued at approximately $72,000. CoreCap Advisors LLC lifted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 26.8% in the fourth quarter. CoreCap Advisors LLC now owns 1,023 shares of the company’s stock valued at $93,000 after buying an additional 216 shares during the last quarter. Realta Investment Advisors lifted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 9.1% in the first quarter. Realta Investment Advisors now owns 1,855 shares of the company’s stock valued at $145,000 after buying an additional 155 shares during the last quarter. Finally, GTS Securities LLC acquired a new stake in Invesco Dorsey Wright SmallCap Momentum ETF during the 4th quarter worth approximately $217,000.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Up 0.1%

NASDAQ:DWAS opened at $85.47 on Thursday. The stock has a market cap of $667.52 million, a P/E ratio of 17.65 and a beta of 1.14. The stock has a 50 day simple moving average of $83.91 and a 200 day simple moving average of $82.70. Invesco Dorsey Wright SmallCap Momentum ETF has a 1-year low of $66.94 and a 1-year high of $104.46.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, June 27th. Shareholders of record on Monday, June 23rd were paid a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 0.0%. The ex-dividend date was Monday, June 23rd.

Invesco Dorsey Wright SmallCap Momentum ETF 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.