AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Shares Sold by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. decreased its stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 7.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,223 shares of the company’s stock after selling 335 shares during the period. Envestnet Portfolio Solutions Inc. owned approximately 0.18% of AdvisorShares Focused Equity ETF worth $273,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in CWS. Stifel Financial Corp raised its holdings in AdvisorShares Focused Equity ETF by 5.0% during the third quarter. Stifel Financial Corp now owns 66,582 shares of the company’s stock worth $4,575,000 after purchasing an additional 3,141 shares during the last quarter. MML Investors Services LLC acquired a new position in shares of AdvisorShares Focused Equity ETF during the 3rd quarter worth $311,000. Arete Wealth Advisors LLC raised its stake in shares of 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 worth $384,000 after buying an additional 2,175 shares during the last quarter. Mason & Associates Inc grew its stake in AdvisorShares Focused Equity ETF by 4.0% in the 4th quarter. Mason & Associates Inc now owns 37,145 shares of the company’s stock valued at $2,406,000 after acquiring an additional 1,413 shares during the last quarter. Finally, Merit Financial Group LLC purchased a new position in AdvisorShares Focused Equity ETF during the 4th quarter valued at about $1,037,000.

AdvisorShares Focused Equity ETF Price Performance

Shares of NYSEARCA CWS opened at $65.94 on Friday. The firm’s 50-day moving average is $66.51 and its two-hundred day moving average is $67.67. The company has a market capitalization of $177.38 million, a PE ratio of 24.20 and a beta of 0.97. AdvisorShares Focused Equity ETF has a 12-month low of $59.61 and a 12-month high of $71.75.

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.