LJI Wealth Management LLC Has $3.68 Million Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

LJI Wealth Management LLC boosted its position in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 3.8% during the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 43,214 shares of the company’s stock after buying an additional 1,602 shares during the period. Invesco DWA SmallCap Momentum ETF makes up approximately 0.8% of LJI Wealth Management LLC’s investment portfolio, making the stock its 20th largest position. LJI Wealth Management LLC owned about 0.40% of Invesco DWA SmallCap Momentum ETF worth $3,675,000 at the end of the most recent reporting period.

Other hedge funds have also recently bought and sold shares of the company. Advisory Services Network LLC acquired a new position in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter worth $174,000. Redhawk Wealth Advisors Inc. raised its stake in Invesco DWA SmallCap Momentum ETF by 7.4% during the second quarter. Redhawk Wealth Advisors Inc. now owns 2,553 shares of the company’s stock worth $217,000 after acquiring an additional 176 shares in the last quarter. Nations Financial Group Inc. IA ADV bought a new position in shares of Invesco DWA SmallCap Momentum ETF in the second quarter worth about $219,000. Scotia Capital Inc. boosted its stake in shares of Invesco DWA SmallCap Momentum ETF by 6.4% in the 4th quarter. Scotia Capital Inc. now owns 3,557 shares of the company’s stock valued at $298,000 after purchasing an additional 215 shares in the last quarter. Finally, Riggs Asset Managment Co. Inc. bought a new stake in shares of Invesco DWA SmallCap Momentum ETF during the 1st quarter valued at approximately $327,000.

Invesco DWA SmallCap Momentum ETF Price Performance

DWAS stock opened at $91.55 on Thursday. The stock has a market cap of $1.00 billion, a price-to-earnings ratio of 12.01 and a beta of 1.14. The company has a 50 day simple moving average of $89.39 and a 200 day simple moving average of $87.80. Invesco DWA SmallCap Momentum ETF has a 1 year low of $68.44 and a 1 year high of $95.04.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

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

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.