Invesco Dorsey Wright SmallCap Momentum ETF $DWAS Shares Sold by Envestnet Asset Management Inc.

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

Several other institutional investors have also modified their holdings of the company. Geneos Wealth Management Inc. increased its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 1.6% in the 2nd quarter. Geneos Wealth Management Inc. now owns 8,388 shares of the company’s stock valued at $712,000 after purchasing an additional 134 shares in the last quarter. MorganRosel Wealth Management LLC grew its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 2.2% in the third quarter. MorganRosel Wealth Management LLC now owns 7,748 shares of the company’s stock valued at $714,000 after purchasing an additional 169 shares during the last quarter. CoreCap Advisors LLC increased its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 18.3% in the third quarter. CoreCap Advisors LLC now owns 1,329 shares of the company’s stock valued at $122,000 after buying an additional 206 shares in the last quarter. Bank of Montreal Can acquired a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the 2nd quarter worth $26,000. Finally, Great Valley Advisor Group Inc. boosted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 13.6% in the 2nd quarter. Great Valley Advisor Group Inc. now owns 3,116 shares of the company’s stock worth $264,000 after buying an additional 374 shares in the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Up 1.6%

Shares of NASDAQ DWAS opened at $102.45 on Thursday. The company’s 50-day moving average price is $100.90 and its 200 day moving average price is $95.88. Invesco Dorsey Wright SmallCap Momentum ETF has a 52 week low of $66.94 and a 52 week high of $104.88. The stock has a market cap of $408.78 million, a price-to-earnings ratio of 17.65 and a beta of 1.16.

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