Raymond James Financial Inc. Invests $531,000 in AdvisorShares Insiders Advantage ETF (NYSEARCA:SURE)

Raymond James Financial Inc. acquired a new stake in AdvisorShares Insiders Advantage ETF (NYSEARCA:SURE) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,561 shares of the company’s stock, valued at approximately $531,000.

AdvisorShares Insiders Advantage ETF Stock Performance

Shares of NYSEARCA:SURE opened at $100.07 on Tuesday. AdvisorShares Insiders Advantage ETF has a 52-week low of $99.50 and a 52-week high of $126.78. The company has a market capitalization of $40.53 million, a P/E ratio of 16.23 and a beta of 1.02. The company has a 50-day simple moving average of $114.96 and a 200 day simple moving average of $118.38.

About AdvisorShares Insiders Advantage ETF

The AdvisorShares Insider Advantage ETF (SURE) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively managed portfolio of US stocks selected using a proprietary model that follows insider buying and stock buyback strategies. SURE was launched on Sep 1, 2022 and is managed by AdvisorShares.