8,897 Shares in Invesco Dorsey Wright SmallCap Momentum ETF $DWAS Bought by Sound Income Strategies LLC

Sound Income Strategies LLC bought a new position in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 8,897 shares of the company’s stock, valued at approximately $906,000.

A number of other institutional investors have also added to or reduced their stakes in DWAS. Assetmark Inc. increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 59.3% during the third quarter. Assetmark Inc. now owns 352 shares of the company’s stock worth $32,000 after buying an additional 131 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 951.1% during the second quarter. JPMorgan Chase & Co. now owns 946 shares of the company’s stock worth $80,000 after buying an additional 856 shares during the last quarter. Jones Financial Companies Lllp increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 109.2% during the third quarter. Jones Financial Companies Lllp now owns 996 shares of the company’s stock worth $91,000 after buying an additional 520 shares during the last quarter. Founders Financial Alliance LLC acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF during the third quarter worth $98,000. Finally, CoreCap Advisors LLC increased its holdings in Invesco Dorsey Wright SmallCap Momentum ETF by 18.3% during the third quarter. CoreCap Advisors LLC now owns 1,329 shares of the company’s stock worth $122,000 after buying an additional 206 shares during the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Trading Up 0.2%

Shares of DWAS opened at $101.57 on Wednesday. The company has a market cap of $368.70 million, a price-to-earnings ratio of 17.65 and a beta of 1.11. Invesco Dorsey Wright SmallCap Momentum ETF has a 1-year low of $66.94 and a 1-year high of $104.88. The company’s fifty day simple moving average is $99.98 and its 200 day simple moving average is $97.43.

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