Oppenheimer & Co. Inc. Grows Stock Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Oppenheimer & Co. Inc. lifted its holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 58.6% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 26,145 shares of the company’s stock after acquiring an additional 9,659 shares during the period. Oppenheimer & Co. Inc. owned 0.24% of Invesco DWA SmallCap Momentum ETF worth $2,223,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Janney Montgomery Scott LLC boosted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 1.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 28,445 shares of the company’s stock worth $2,383,000 after purchasing an additional 316 shares during the period. Nemes Rush Group LLC increased its position in Invesco DWA SmallCap Momentum ETF by 25.0% during the fourth quarter. Nemes Rush Group LLC now owns 8,123 shares of the company’s stock valued at $681,000 after acquiring an additional 1,627 shares during the last quarter. Advisory Services Network LLC purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at $174,000. Focus Financial Network Inc. ADV bought a new stake in shares of Invesco DWA SmallCap Momentum ETF in the 4th quarter worth about $354,000. Finally, Scotia Capital Inc. boosted its stake in shares of Invesco DWA SmallCap Momentum ETF by 6.4% during the 4th quarter. Scotia Capital Inc. now owns 3,557 shares of the company’s stock worth $298,000 after purchasing an additional 215 shares during the period.

Invesco DWA SmallCap Momentum ETF Price Performance

Invesco DWA SmallCap Momentum ETF stock opened at $90.90 on Tuesday. The firm has a market capitalization of $994.45 million, a P/E ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a 1-year low of $68.44 and a 1-year high of $95.04. The company’s 50-day moving average is $89.03 and its 200 day moving average is $87.77.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, June 28th. Investors of record on Monday, June 24th were paid a dividend of $0.0821 per share. This represents a $0.33 dividend on an annualized basis and a dividend yield of 0.36%. The ex-dividend date was Monday, June 24th.

Invesco DWA SmallCap Momentum ETF 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.