Arete Wealth Advisors LLC raised its stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS – Free Report) by 63.2% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,614 shares of the company’s stock after acquiring an additional 2,175 shares during the quarter. Arete Wealth Advisors LLC owned about 0.24% of AdvisorShares Focused Equity ETF worth $384,000 at the end of the most recent reporting period.
Several other large investors have also recently bought and sold shares of CWS. Cetera Investment Advisers bought a new position in shares of AdvisorShares Focused Equity ETF during the first quarter worth approximately $1,579,000. Wedbush Securities Inc. bought a new position in AdvisorShares Focused Equity ETF during the 2nd quarter worth $331,000. MML Investors Services LLC acquired a new stake in shares of AdvisorShares Focused Equity ETF during the third quarter worth $311,000. Compass Ion Advisors LLC bought a new stake in shares of AdvisorShares Focused Equity ETF in the second quarter valued at about $209,000. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in shares of AdvisorShares Focused Equity ETF in the third quarter valued at about $217,000.
AdvisorShares Focused Equity ETF Stock Performance
NYSEARCA:CWS opened at $71.56 on Friday. The firm has a market cap of $170.31 million, a price-to-earnings ratio of 25.88 and a beta of 0.85. AdvisorShares Focused Equity ETF has a 52 week low of $55.08 and a 52 week high of $71.75. The firm’s 50-day simple moving average is $69.36 and its 200 day simple moving average is $66.18.
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.
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