Sound Income Strategies LLC Purchases 4,933 Shares of Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

Sound Income Strategies LLC lifted its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) by 34.6% during the third quarter, HoldingsChannel reports. The firm owned 19,199 shares of the company’s stock after buying an additional 4,933 shares during the quarter. Sound Income Strategies LLC’s holdings in Invesco Dorsey Wright SmallCap Momentum ETF were worth $2,031,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Waverly Advisors LLC increased its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 4.5% in the 2nd quarter. Waverly Advisors LLC now owns 2,601 shares of the company’s stock valued at $331,000 after buying an additional 113 shares in the last quarter. Wealth Enhancement Trust Services Inc. grew its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 10.7% in the third quarter. Wealth Enhancement Trust Services Inc. now owns 1,178 shares of the company’s stock valued at $128,000 after acquiring an additional 114 shares during the period. Cetera Investment Advisers increased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 18,534 shares of the company’s stock worth $1,825,000 after acquiring an additional 133 shares in the last quarter. Private Advisor Group LLC increased its holdings in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 2.0% in the first quarter. Private Advisor Group LLC now owns 8,679 shares of the company’s stock worth $855,000 after acquiring an additional 171 shares in the last quarter. Finally, Integrated Wealth Concepts LLC bought a new stake in shares of Invesco Dorsey Wright SmallCap Momentum ETF in the second quarter worth about $25,000.

Invesco Dorsey Wright SmallCap Momentum ETF Price Performance

NASDAQ DWAS opened at $107.42 on Friday. Invesco Dorsey Wright SmallCap Momentum ETF has a one year low of $88.62 and a one year high of $127.77. The firm has a market cap of $401.73 million, a P/E ratio of 17.65 and a beta of 1.17. The stock’s 50-day moving average is $111.76 and its 200-day moving average is $112.62.

Invesco Dorsey Wright SmallCap Momentum ETF Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Monday, September 21st were issued a dividend of $0.0354 per share. This represents a $0.14 annualized dividend and a yield of 0.1%. The ex-dividend date was Monday, September 21st.

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.