D.A. Davidson & CO. Makes New Investment in AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

D.A. Davidson & CO. acquired a new position in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 8,086 shares of the company’s stock, valued at approximately $524,000. D.A. Davidson & CO. owned approximately 0.34% of AdvisorShares Focused Equity ETF as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors bought a new stake in shares of AdvisorShares Focused Equity ETF in the third quarter worth about $217,000. TrueWealth Advisors LLC lifted its holdings in shares of AdvisorShares Focused Equity ETF by 11.5% during the third 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. MML Investors Services LLC purchased a new position in shares of AdvisorShares Focused Equity ETF during the third quarter valued at approximately $311,000. Arete Wealth Advisors LLC raised its holdings in AdvisorShares Focused Equity ETF by 63.2% in the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock worth $384,000 after acquiring an additional 2,175 shares during the last quarter. Finally, Trademark Financial Management LLC purchased a new position in AdvisorShares Focused Equity ETF in the 4th quarter worth approximately $598,000.

AdvisorShares Focused Equity ETF Stock Up 0.8 %

Shares of NYSEARCA CWS opened at $66.62 on Wednesday. AdvisorShares Focused Equity ETF has a twelve month low of $59.61 and a twelve month high of $71.75. The firm has a market cap of $158.56 million, a P/E ratio of 25.88 and a beta of 0.85. The company has a 50 day moving average of $66.50 and a 200 day moving average of $67.85.

AdvisorShares Focused Equity ETF Company 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.