Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Hits New 1-Year Low – Time to Sell?

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) hit a new 52-week low during mid-day trading on Monday . The company traded as low as $76.41 and last traded at $76.54, with a volume of 16278 shares trading hands. The stock had previously closed at $79.55.

Invesco DWA SmallCap Momentum ETF Trading Down 5.2 %

The firm has a market cap of $662.14 million, a PE ratio of 18.44 and a beta of 1.14. The firm’s 50 day simple moving average is $90.24 and its 200 day simple moving average is $92.97.

Invesco DWA SmallCap Momentum ETF Increases Dividend

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

Institutional Trading of Invesco DWA SmallCap Momentum ETF

Large investors have recently added to or reduced their stakes in the company. Raymond James Financial Inc. purchased a new position in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at $24,961,000. Wells Fargo & Company MN increased its holdings in shares of Invesco DWA SmallCap Momentum ETF by 13.3% in the 4th quarter. Wells Fargo & Company MN now owns 255,378 shares of the company’s stock worth $23,313,000 after buying an additional 29,937 shares during the last quarter. Vise Technologies Inc. increased its holdings in shares of Invesco DWA SmallCap Momentum ETF by 507.3% in the 4th quarter. Vise Technologies Inc. now owns 33,778 shares of the company’s stock worth $3,084,000 after buying an additional 28,216 shares during the last quarter. Independent Advisor Alliance purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at about $1,958,000. Finally, LPL Financial LLC lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 11.2% in the 4th quarter. LPL Financial LLC now owns 198,821 shares of the company’s stock valued at $18,150,000 after acquiring an additional 20,075 shares during the last quarter.

Invesco DWA 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.