Nemes Rush Group LLC Lowers Position in Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Nemes Rush Group LLC decreased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 36.3% in the 2nd quarter, Holdings Channel reports. The firm owned 5,392 shares of the company’s stock after selling 3,073 shares during the period. Nemes Rush Group LLC’s holdings in Invesco Dorsey Wright SmallCap Momentum ETF were worth $458,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the stock. Jones Financial Companies Lllp lifted its position in Invesco Dorsey Wright SmallCap Momentum ETF by 32,640.4% during the first quarter. Jones Financial Companies Lllp now owns 142,748 shares of the company’s stock valued at $11,131,000 after purchasing an additional 142,312 shares during the last quarter. Goldman Sachs Group Inc. bought a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the 1st quarter worth $3,753,000. Vise Technologies Inc. purchased a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the 2nd quarter valued at $3,671,000. Flow Traders U.S. LLC bought a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the 1st quarter worth $395,000. Finally, AQR Capital Management LLC purchased a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the first quarter worth $288,000.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Up 2.9%

DWAS opened at $91.21 on Monday. The business’s fifty day simple moving average is $92.81 and its 200 day simple moving average is $87.59. Invesco Dorsey Wright SmallCap Momentum ETF has a 52 week low of $66.94 and a 52 week high of $104.46. The stock has a market cap of $699.58 million, a PE ratio of 17.65 and a beta of 1.16.

Invesco Dorsey Wright SmallCap Momentum ETF Cuts Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, September 26th. Investors of record on Monday, September 22nd were issued a dividend of $0.0053 per share. This represents a $0.02 dividend on an annualized basis and a dividend yield of 0.0%. The ex-dividend date of this dividend was Monday, September 22nd.

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.