Wealth Enhancement Advisory Services LLC Purchases 126,213 Shares of Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Wealth Enhancement Advisory Services LLC boosted its position in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 2.9% during the 4th quarter, Holdings Channel reports. The fund owned 4,516,029 shares of the company’s stock after buying an additional 126,213 shares during the period. Invesco Dorsey Wright SmallCap Momentum ETF makes up 0.6% of Wealth Enhancement Advisory Services LLC’s portfolio, making the stock its 27th largest holding. Wealth Enhancement Advisory Services LLC owned about 0.56% of Invesco Dorsey Wright SmallCap Momentum ETF worth $443,623,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in the company. ProVise Management Group LLC acquired a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF during the third quarter worth approximately $268,000. Assetmark Inc. grew its position in Invesco Dorsey Wright SmallCap Momentum ETF by 59.3% in the 3rd quarter. Assetmark Inc. now owns 352 shares of the company’s stock valued at $32,000 after purchasing an additional 131 shares during the period. Cibc World Market Inc. bought a new stake in Invesco Dorsey Wright SmallCap Momentum ETF during the 3rd quarter valued at $230,000. Jones Financial Companies Lllp increased its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 109.2% during the 3rd quarter. Jones Financial Companies Lllp now owns 996 shares of the company’s stock valued at $91,000 after purchasing an additional 520 shares in the last quarter. Finally, Founders Financial Alliance LLC acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the third quarter worth $98,000.

Invesco Dorsey Wright SmallCap Momentum ETF Price Performance

Shares of NASDAQ DWAS opened at $94.74 on Friday. The stock has a market capitalization of $378.01 million, a P/E ratio of 17.65 and a beta of 1.16. The company has a 50-day moving average price of $100.76 and a 200-day moving average price of $96.65. Invesco Dorsey Wright SmallCap Momentum ETF has a 1 year low of $66.94 and a 1 year 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.