Invesco DWA Emerging Markets Momentum ETF Price & Performance (PIE)

Envestnet Asset Management and several other firms reduced their stakes in the Invesco DWA SmallCap Momentum ETF during the fourth quarter, while others increased holdings. The ETF opened Friday at $76.22, with a market cap of $610.52 million. It tracks 200 small-cap stocks with strong momentum indicators, reflecting shifting institutional sentiment.1

The Dorsey Wright Emerging Markets Tech Leaders Index, which selects 100 high-momentum large-cap stocks from emerging markets, closed at 104.13, up 0.90%. The index, tracked by the Invesco DWA Emerging Markets Momentum ETF, continues to highlight the resilience of tech-driven equities in developing economies despite global volatility.2

Wells Fargo & Company MN trimmed its position in the Invesco DWA Emerging Markets Momentum ETF by nearly 35% in the last quarter, now holding 6.92% of the fund. The ETF, which invests in emerging market stocks with strong momentum, saw its price open at $17.22 on Friday, up 1.1%.3