LJI Wealth Management LLC Decreases Stock Position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS)

LJI Wealth Management LLC cut its position in Invesco DWA SmallCap Momentum ETF (NASDAQ:DWAS) by 1.3% in the 3rd quarter, Holdings Channel.com reports. The firm owned 42,642 shares of the company’s stock after selling 572 shares during the quarter. Invesco DWA SmallCap Momentum ETF comprises 0.8% of LJI Wealth Management LLC’s holdings, making the stock its 18th largest position. LJI Wealth Management LLC’s holdings in Invesco DWA SmallCap Momentum ETF were worth $3,960,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds have also made changes to their positions in the company. Creative Planning boosted its stake in Invesco DWA SmallCap Momentum ETF by 12.1% during the 3rd quarter. Creative Planning now owns 3,704 shares of the company’s stock valued at $344,000 after acquiring an additional 400 shares during the last quarter. Redhawk Wealth Advisors Inc. raised its position in shares of Invesco DWA SmallCap Momentum ETF by 7.4% during the 2nd quarter. Redhawk Wealth Advisors Inc. now owns 2,553 shares of the company’s stock worth $217,000 after buying an additional 176 shares in the last quarter. Nemes Rush Group LLC grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 1.8% in the 2nd quarter. Nemes Rush Group LLC now owns 8,508 shares of the company’s stock worth $724,000 after purchasing an additional 154 shares during the last quarter. Nations Financial Group Inc. IA ADV acquired a new position in shares of Invesco DWA SmallCap Momentum ETF in the 2nd quarter worth approximately $219,000. Finally, Oppenheimer & Co. Inc. grew its stake in shares of Invesco DWA SmallCap Momentum ETF by 58.6% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 26,145 shares of the company’s stock worth $2,223,000 after purchasing an additional 9,659 shares during the last quarter.

Invesco DWA SmallCap Momentum ETF Stock Down 2.0 %

Shares of Invesco DWA SmallCap Momentum ETF stock traded down $1.94 during trading on Friday, hitting $96.48. The stock had a trading volume of 33,936 shares, compared to its average volume of 51,334. The stock has a 50 day simple moving average of $93.31 and a 200 day simple moving average of $89.75. The company has a market capitalization of $1.03 billion, a PE ratio of 12.01 and a beta of 1.14. Invesco DWA SmallCap Momentum ETF has a 1 year low of $73.39 and a 1 year high of $104.03.

About Invesco DWA SmallCap Momentum ETF

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.