NBC Securities Inc. Buys New Shares in AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

NBC Securities Inc. bought a new position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 685 shares of the company’s stock, valued at approximately $47,000.

Other large investors have also recently bought and sold shares of the company. Cetera Investment Advisers raised its stake in shares of AdvisorShares Focused Equity ETF by 11.4% during the 2nd quarter. Cetera Investment Advisers now owns 27,633 shares of the company’s stock worth $1,718,000 after purchasing an additional 2,838 shares in the last quarter. Cetera Advisors LLC raised its position in AdvisorShares Focused Equity ETF by 38.4% during the first quarter. Cetera Advisors LLC now owns 4,854 shares of the company’s stock worth $309,000 after acquiring an additional 1,347 shares in the last quarter. Kovack Advisors Inc. grew its position in shares of AdvisorShares Focused Equity ETF by 338.8% in the 1st quarter. Kovack Advisors Inc. now owns 21,896 shares of the company’s stock valued at $1,395,000 after acquiring an additional 16,906 shares during the period. Compass Ion Advisors LLC bought a new position in shares of AdvisorShares Focused Equity ETF in the 2nd quarter valued at about $209,000. Finally, Wedbush Securities Inc. acquired a new position in shares of AdvisorShares Focused Equity ETF during the 2nd quarter worth about $331,000.

AdvisorShares Focused Equity ETF Stock Performance

Shares of NYSEARCA:CWS opened at $70.24 on Monday. AdvisorShares Focused Equity ETF has a 52-week low of $48.50 and a 52-week high of $70.25. The company has a market capitalization of $167.17 million, a P/E ratio of 25.88 and a beta of 0.85. The company has a 50-day simple moving average of $67.64 and a 200 day simple moving average of $64.49.

About AdvisorShares Focused Equity ETF

The AdvisorShares Focused Equity ETF (CWS) is an exchange-traded fund that is based on the Russell 3000 index. The fund is an actively-managed ETF that aims to achieve long-term capital appreciation and outperform the S&P 500 Index by holding a focused group of US-listed stocks using proprietary models.