NBC Securities Inc. Acquires Shares of 905 AdvisorShares Focused Equity ETF (NYSEARCA:CWS)

NBC Securities Inc. acquired a new stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) in the 1st quarter, HoldingsChannel.com reports. The institutional investor acquired 905 shares of the company’s stock, valued at approximately $59,000.

Other large investors also recently added to or reduced their stakes in the company. Stifel Financial Corp lifted its position in AdvisorShares Focused Equity ETF by 6.2% during the fourth quarter. Stifel Financial Corp now owns 70,709 shares of the company’s stock valued at $4,580,000 after acquiring an additional 4,127 shares during the last quarter. Cetera Investment Advisers lifted its position in AdvisorShares Focused Equity ETF by 4.9% during the fourth quarter. Cetera Investment Advisers now owns 31,751 shares of the company’s stock valued at $2,056,000 after acquiring an additional 1,497 shares during the last quarter. Kovack Advisors Inc. lifted its position in AdvisorShares Focused Equity ETF by 0.9% during the fourth quarter. Kovack Advisors Inc. now owns 23,224 shares of the company’s stock valued at $1,504,000 after acquiring an additional 210 shares during the last quarter. GC Wealth Management RIA LLC lifted its position in AdvisorShares Focused Equity ETF by 31.5% during the fourth quarter. GC Wealth Management RIA LLC now owns 18,699 shares of the company’s stock valued at $1,211,000 after acquiring an additional 4,476 shares during the last quarter. Finally, Trademark Financial Management LLC purchased a new stake in AdvisorShares Focused Equity ETF during the fourth quarter valued at approximately $598,000.

AdvisorShares Focused Equity ETF Stock Up 0.1%

NYSEARCA:CWS opened at $68.51 on Thursday. AdvisorShares Focused Equity ETF has a 52 week low of $58.36 and a 52 week high of $71.75. The firm has a 50 day moving average of $65.74 and a 200 day moving average of $66.42. The stock has a market capitalization of $182.24 million, a price-to-earnings ratio of 25.15 and a beta of 0.98.

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.