D.A. Davidson & CO. Buys Shares of 8,086 AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

D.A. Davidson & CO. bought a new stake in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) in the 4th quarter, according to its most recent 13F filing with the SEC. The firm bought 8,086 shares of the company’s stock, valued at approximately $524,000.

Other hedge funds have also recently added to or reduced their stakes in the company. Bay Colony Advisory Group Inc d b a Bay Colony Advisors purchased a new position in AdvisorShares Focused Equity ETF during the 3rd quarter valued at about $217,000. TrueWealth Advisors LLC increased its holdings 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 acquiring an additional 459 shares in the last quarter. MML Investors Services LLC purchased a new position in AdvisorShares Focused Equity ETF during the 3rd quarter valued at about $311,000. Arete Wealth Advisors LLC increased its holdings in AdvisorShares Focused Equity ETF by 63.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock valued at $384,000 after acquiring an additional 2,175 shares in the last quarter. Finally, Trademark Financial Management LLC purchased a new position in AdvisorShares Focused Equity ETF during the 4th quarter valued at about $598,000.

AdvisorShares Focused Equity ETF Trading Up 0.8 %

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

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.