Stifel Financial Corp Buys 8,929 Shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

Stifel Financial Corp grew its stake in shares of Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 49.3% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 27,029 shares of the company’s stock after buying an additional 8,929 shares during the period. Stifel Financial Corp’s holdings in Invesco DWA SmallCap Momentum ETF were worth $2,510,000 at the end of the most recent reporting period.

A number of other hedge funds also recently made changes to their positions in the stock. Wealth Enhancement Advisory Services LLC increased its holdings in shares of Invesco DWA SmallCap Momentum ETF by 1.9% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 6,117,302 shares of the company’s stock worth $568,114,000 after buying an additional 113,514 shares during the period. Sanctuary Advisors LLC purchased a new position in Invesco DWA SmallCap Momentum ETF in the 2nd quarter worth approximately $3,499,000. Pineridge Advisors LLC bought a new stake in Invesco DWA SmallCap Momentum ETF in the second quarter valued at approximately $2,686,000. New Century Financial Group LLC purchased a new stake in shares of Invesco DWA SmallCap Momentum ETF during the third quarter valued at approximately $1,584,000. Finally, KMG Fiduciary Partners LLC grew its holdings in shares of Invesco DWA SmallCap Momentum ETF by 407.0% in the third quarter. KMG Fiduciary Partners LLC now owns 19,110 shares of the company’s stock worth $1,775,000 after purchasing an additional 15,341 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Down 4.9 %

NASDAQ:DWAS opened at $91.40 on Thursday. The firm has a market capitalization of $973.41 million, a P/E ratio of 12.01 and a beta of 1.14. The company has a fifty day moving average of $97.35 and a 200 day moving average of $91.73. Invesco DWA SmallCap Momentum ETF has a 52 week low of $79.19 and a 52 week high of $104.46.

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.