Jane Street Group LLC Sells 720 Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Jane Street Group LLC trimmed its stake in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 22.4% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,496 shares of the company’s stock after selling 720 shares during the quarter. Jane Street Group LLC’s holdings in Invesco DWA SmallCap Momentum ETF were worth $232,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently bought and sold shares of DWAS. Cornerstone Planning Group LLC grew its stake in Invesco DWA SmallCap Momentum ETF by 3.2% in the third quarter. Cornerstone Planning Group LLC now owns 3,594 shares of the company’s stock valued at $335,000 after purchasing an additional 112 shares in the last quarter. Creative Planning lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 12.1% in the third quarter. Creative Planning now owns 3,704 shares of the company’s stock valued at $344,000 after buying an additional 400 shares during the last quarter. MorganRosel Wealth Management LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 3.3% in the third quarter. MorganRosel Wealth Management LLC now owns 4,066 shares of the company’s stock valued at $378,000 after buying an additional 131 shares during the last quarter. FMR LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 24.5% in the third quarter. FMR LLC now owns 4,632 shares of the company’s stock valued at $430,000 after buying an additional 913 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC lifted its position in shares of Invesco DWA SmallCap Momentum ETF by 7.3% in the third quarter. Dynamic Advisor Solutions LLC now owns 5,004 shares of the company’s stock valued at $465,000 after buying an additional 342 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Down 2.5 %

DWAS opened at $87.58 on Friday. The stock has a market cap of $967.76 million, a price-to-earnings ratio of 12.01 and a beta of 1.14. The business has a 50 day moving average of $96.86 and a 200-day moving average of $92.39. Invesco DWA SmallCap Momentum ETF has a 12-month low of $79.19 and a 12-month high of $104.46.

Invesco DWA SmallCap Momentum ETF Increases Dividend

The business also recently disclosed a dividend, which was paid on Friday, December 27th. Stockholders of record on Monday, December 23rd were issued a $0.0731 dividend. The ex-dividend date of this dividend was Monday, December 23rd. This is an increase from Invesco DWA SmallCap Momentum ETF’s previous dividend of $0.05.

About Invesco DWA 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.