Envestnet Asset Management Inc. Sells 6,473 Shares of Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Envestnet Asset Management Inc. cut its holdings in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 43.1% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 8,531 shares of the company’s stock after selling 6,473 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.11% of Invesco Dorsey Wright SmallCap Momentum ETF worth $786,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Wealth Enhancement Advisory Services LLC grew its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 5.7% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 4,389,816 shares of the company’s stock worth $410,068,000 after purchasing an additional 235,512 shares during the period. Family Capital Trust Co lifted its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 0.7% during the third quarter. Family Capital Trust Co now owns 55,707 shares of the company’s stock valued at $5,134,000 after purchasing an additional 395 shares during the last quarter. Goldman Sachs Group Inc. bought a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the 1st quarter worth approximately $3,753,000. Vise Technologies Inc. bought a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the 2nd quarter worth approximately $3,671,000. Finally, Northwestern Mutual Wealth Management Co. grew its stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 10.4% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 40,211 shares of the company’s stock worth $3,412,000 after buying an additional 3,777 shares during the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Up 1.6%

DWAS stock opened at $102.45 on Thursday. The business has a 50 day moving average of $100.90 and a 200 day moving average of $95.88. The firm has a market cap of $408.78 million, a PE ratio of 17.65 and a beta of 1.16. Invesco Dorsey Wright SmallCap Momentum ETF has a twelve month low of $66.94 and a twelve month high of $104.88.

Invesco Dorsey Wright 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. DWAS was launched on Jul 19, 2012 and is managed by Invesco.