Biondo Investment Advisors LLC Grows Stock Holdings in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Biondo Investment Advisors LLC grew its stake in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 3.7% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,861 shares of the company’s stock after acquiring an additional 856 shares during the period. Biondo Investment Advisors LLC owned 0.27% of Invesco DWA SmallCap Momentum ETF worth $2,178,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Comprehensive Financial Planning Inc. PA bought a new stake in shares of Invesco DWA SmallCap Momentum ETF during the 4th quarter valued at $27,000. Farther Finance Advisors LLC bought a new stake in shares of Invesco DWA SmallCap Momentum ETF during the fourth quarter valued at about $27,000. JPMorgan Chase & Co. lifted its holdings in shares of Invesco DWA SmallCap Momentum ETF by 144.7% in the fourth quarter. JPMorgan Chase & Co. now owns 389 shares of the company’s stock worth $36,000 after buying an additional 230 shares in the last quarter. Jones Financial Companies Lllp bought a new position in shares of Invesco DWA SmallCap Momentum ETF in the fourth quarter valued at approximately $40,000. Finally, Hemington Wealth Management boosted its position in shares of Invesco DWA SmallCap Momentum ETF by 34.5% in the fourth quarter. Hemington Wealth Management now owns 912 shares of the company’s stock valued at $83,000 after acquiring an additional 234 shares during the period.

Invesco DWA SmallCap Momentum ETF Trading Down 2.6 %

Invesco DWA SmallCap Momentum ETF stock opened at $77.71 on Friday. The firm’s 50 day simple moving average is $86.76 and its 200 day simple moving average is $91.83. Invesco DWA SmallCap Momentum ETF has a 1-year low of $75.05 and a 1-year high of $104.46. The firm has a market capitalization of $682.29 million, a PE ratio of 17.99 and a beta of 1.14.

Invesco DWA SmallCap Momentum ETF Cuts Dividend

The firm also recently disclosed a dividend, which was paid on Friday, March 28th. Investors of record on Monday, March 24th were given a $0.0524 dividend. The ex-dividend date was Monday, March 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.