Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) Hits New 52-Week High – Here’s What Happened

Invesco DWA SmallCap Momentum ETF (NASDAQ:DWASGet Free Report) shares reached a new 52-week high during trading on Wednesday . The company traded as high as $98.73 and last traded at $98.72, with a volume of 20024 shares trading hands. The stock had previously closed at $94.05.

Invesco DWA SmallCap Momentum ETF Trading Up 5.2 %

The company has a market cap of $1.05 billion, a PE ratio of 12.01 and a beta of 1.14. The stock has a 50 day moving average price of $91.57 and a 200 day moving average price of $88.93.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in DWAS. Oppenheimer & Co. Inc. purchased a new position in Invesco DWA SmallCap Momentum ETF during the first quarter valued at $1,499,000. Cetera Investment Advisers purchased a new position in Invesco DWA SmallCap Momentum ETF during the first quarter valued at $1,767,000. CWM LLC raised its stake in Invesco DWA SmallCap Momentum ETF by 14.5% during the second quarter. CWM LLC now owns 65,691 shares of the company’s stock valued at $5,586,000 after buying an additional 8,306 shares during the last quarter. Fifth Third Securities Inc. raised its stake in Invesco DWA SmallCap Momentum ETF by 51.2% during the second quarter. Fifth Third Securities Inc. now owns 9,186 shares of the company’s stock valued at $781,000 after buying an additional 3,109 shares during the last quarter. Finally, Dynamic Advisor Solutions LLC increased its holdings in shares of Invesco DWA SmallCap Momentum ETF by 3.1% in the 2nd quarter. Dynamic Advisor Solutions LLC now owns 4,662 shares of the company’s stock worth $396,000 after purchasing an additional 138 shares in the last quarter.

About Invesco DWA SmallCap Momentum ETF

(Get Free Report)

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.

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