Invesco Dorsey Wright SmallCap Momentum ETF $DWAS Shares Sold by Royal Bank of Canada

Royal Bank of Canada decreased its stake in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 1.1% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 182,694 shares of the company’s stock after selling 2,040 shares during the period. Royal Bank of Canada owned approximately 2.25% of Invesco Dorsey Wright SmallCap Momentum ETF worth $14,246,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 5.3% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,444,120 shares of the company’s stock valued at $588,284,000 after acquiring an additional 326,818 shares in the last quarter. Family Capital Trust Co boosted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 2,155.6% in the first quarter. Family Capital Trust Co now owns 55,058 shares of the company’s stock worth $4,293,000 after acquiring an additional 52,617 shares during the last quarter. Vise Technologies Inc. lifted its position in Invesco Dorsey Wright SmallCap Momentum ETF by 507.3% during the fourth quarter. Vise Technologies Inc. now owns 33,778 shares of the company’s stock valued at $3,084,000 after buying an additional 28,216 shares in the last quarter. Farther Finance Advisors LLC lifted its position in Invesco Dorsey Wright SmallCap Momentum ETF by 6,044.8% during the first quarter. Farther Finance Advisors LLC now owns 18,373 shares of the company’s stock valued at $1,426,000 after buying an additional 18,074 shares in the last quarter. Finally, NorthCrest Asset Manangement LLC lifted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 98.8% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 12,766 shares of the company’s stock worth $1,165,000 after purchasing an additional 6,346 shares in the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Down 0.5%

NASDAQ DWAS opened at $89.12 on Thursday. The company’s fifty day simple moving average is $86.47 and its 200-day simple moving average is $81.88. The stock has a market cap of $696.03 million, a P/E ratio of 17.65 and a beta of 1.14. Invesco Dorsey Wright SmallCap Momentum ETF has a 52 week low of $66.94 and a 52 week high of $104.46.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Monday, June 23rd were paid a $0.01 dividend. This represents a $0.04 dividend on an annualized basis and a dividend 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.