Jane Street Group LLC Sells 19,872 Shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

Jane Street Group LLC reduced its stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 81.9% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,394 shares of the company’s stock after selling 19,872 shares during the quarter. Jane Street Group LLC owned about 0.18% of AdvisorShares Focused Equity ETF worth $302,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Stifel Financial Corp lifted its stake in shares of AdvisorShares Focused Equity ETF by 5.0% in the third quarter. Stifel Financial Corp now owns 66,582 shares of the company’s stock worth $4,575,000 after buying an additional 3,141 shares in the last quarter. Catalytic Wealth RIA LLC lifted its position in AdvisorShares Focused Equity ETF by 9.9% in the 3rd quarter. Catalytic Wealth RIA LLC now owns 14,223 shares of the company’s stock valued at $977,000 after acquiring an additional 1,281 shares in the last quarter. TrueWealth Advisors LLC boosted its stake in AdvisorShares Focused Equity ETF by 11.5% during the 3rd quarter. TrueWealth Advisors LLC now owns 4,458 shares of the company’s stock valued at $306,000 after purchasing an additional 459 shares during the last quarter. Integrated Advisors Network LLC increased its holdings in shares of AdvisorShares Focused Equity ETF by 1.8% in the 3rd quarter. Integrated Advisors Network LLC now owns 10,445 shares of the company’s stock worth $718,000 after purchasing an additional 189 shares in the last quarter. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in shares of AdvisorShares Focused Equity ETF in the third quarter worth $217,000.

AdvisorShares Focused Equity ETF Price Performance

Shares of NYSEARCA:CWS opened at $64.90 on Friday. AdvisorShares Focused Equity ETF has a 1 year low of $57.92 and a 1 year high of $71.75. The company has a market cap of $154.46 million, a P/E ratio of 25.88 and a beta of 0.85. The stock’s fifty day moving average price is $68.46 and its 200-day moving average price is $67.09.

AdvisorShares Focused Equity ETF Profile

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.