SFG Wealth Management LLC. Invests $680,000 in Invesco Dorsey Wright SmallCap Momentum ETF $DWAS

SFG Wealth Management LLC. acquired a new position in Invesco Dorsey Wright SmallCap Momentum ETF (NASDAQ:DWAS) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 5,338 shares of the company’s stock, valued at approximately $680,000. SFG Wealth Management LLC. owned approximately 0.14% of Invesco Dorsey Wright SmallCap Momentum ETF as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the business. Cetera Investment Advisers raised its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 0.7% in the first quarter. Cetera Investment Advisers now owns 18,534 shares of the company’s stock valued at $1,825,000 after purchasing an additional 133 shares in the last quarter. Global Assets Advisory LLC bought a new position in Invesco Dorsey Wright SmallCap Momentum ETF in the first quarter valued at $57,000. Kestra Advisory Services LLC increased its position in shares of Invesco Dorsey Wright SmallCap Momentum ETF by 111.8% during the 1st quarter. Kestra Advisory Services LLC now owns 4,203 shares of the company’s stock valued at $414,000 after purchasing an additional 2,219 shares during the last quarter. Private Advisor Group LLC boosted its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 2.0% in the first quarter. Private Advisor Group LLC now owns 8,679 shares of the company’s stock worth $855,000 after buying an additional 171 shares in the last quarter. Finally, Sound Income Strategies LLC lifted its stake in Invesco Dorsey Wright SmallCap Momentum ETF by 25.6% in the first quarter. Sound Income Strategies LLC now owns 11,173 shares of the company’s stock worth $1,116,000 after purchasing an additional 2,276 shares during the last quarter.

Invesco Dorsey Wright SmallCap Momentum ETF Stock Performance

Shares of DWAS stock opened at $110.27 on Friday. The company has a market capitalization of $420.13 million, a P/E ratio of 17.65 and a beta of 1.14. Invesco Dorsey Wright SmallCap Momentum ETF has a fifty-two week low of $88.33 and a fifty-two week high of $127.77. The stock has a 50 day moving average price of $116.18 and a two-hundred day moving average price of $111.06.

Invesco Dorsey Wright 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. DWAS was launched on Jul 19, 2012 and is managed by Invesco.