Oppenheimer & Co. Inc. Trims Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Oppenheimer & Co. Inc. decreased its position in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 10.3% in the fourth quarter, HoldingsChannel reports. The firm owned 22,035 shares of the company’s stock after selling 2,527 shares during the quarter. Oppenheimer & Co. Inc.’s holdings in Invesco DWA SmallCap Momentum ETF were worth $2,012,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently bought and sold shares of the company. Stifel Financial Corp lifted its stake in Invesco DWA SmallCap Momentum ETF by 49.3% during the 3rd quarter. Stifel Financial Corp now owns 27,029 shares of the company’s stock valued at $2,510,000 after acquiring an additional 8,929 shares during the period. Partners Wealth Management LLC purchased a new position in shares of Invesco DWA SmallCap Momentum ETF during the fourth quarter worth $506,000. 1900 Wealth Management LLC raised its holdings in shares of Invesco DWA SmallCap Momentum ETF by 44.0% during the third quarter. 1900 Wealth Management LLC now owns 16,247 shares of the company’s stock worth $1,477,000 after purchasing an additional 4,965 shares during the last quarter. Financial Partners Group Inc lifted its position in Invesco DWA SmallCap Momentum ETF by 27.9% during the fourth quarter. Financial Partners Group Inc now owns 22,445 shares of the company’s stock valued at $2,049,000 after purchasing an additional 4,898 shares during the period. Finally, IHT Wealth Management LLC boosted its holdings in Invesco DWA SmallCap Momentum ETF by 25.2% in the third quarter. IHT Wealth Management LLC now owns 16,015 shares of the company’s stock valued at $1,487,000 after purchasing an additional 3,226 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Performance

Shares of DWAS opened at $85.19 on Monday. The business’s 50-day moving average is $91.43 and its two-hundred day moving average is $93.30. The company has a market capitalization of $736.89 million, a P/E ratio of 18.44 and a beta of 1.20. Invesco DWA SmallCap Momentum ETF has a fifty-two week low of $79.36 and a fifty-two week high of $104.46.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently announced a dividend, which was paid on Friday, December 27th. Investors of record on Monday, December 23rd were issued a dividend of $0.0731 per share. This is a positive change from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05. The ex-dividend date of this dividend was Monday, December 23rd.

About Invesco DWA SmallCap Momentum ETF

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.