4,045 Shares in AdvisorShares Focused Equity ETF $CWS Purchased by Perennial Investment Advisors LLC

Perennial Investment Advisors LLC bought a new stake in AdvisorShares Focused Equity ETF (NYSEARCA:CWS) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm bought 4,045 shares of the company’s stock, valued at approximately $283,000. Perennial Investment Advisors LLC owned 0.15% of AdvisorShares Focused Equity ETF as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in CWS. Cetera Investment Advisers boosted its position in shares of AdvisorShares Focused Equity ETF by 9.6% during the 2nd quarter. Cetera Investment Advisers now owns 35,671 shares of the company’s stock worth $2,497,000 after acquiring an additional 3,125 shares in the last quarter. Assetmark Inc. lifted its stake in AdvisorShares Focused Equity ETF by 86.0% during the second quarter. Assetmark Inc. now owns 372 shares of the company’s stock worth $26,000 after purchasing an additional 172 shares during the last quarter. Mason & Associates Inc boosted its holdings in shares of AdvisorShares Focused Equity ETF by 5.1% in the 2nd quarter. Mason & Associates Inc now owns 41,434 shares of the company’s stock valued at $2,901,000 after purchasing an additional 1,992 shares in the last quarter. Trademark Financial Management LLC increased its stake in shares of AdvisorShares Focused Equity ETF by 184.5% in the 2nd quarter. Trademark Financial Management LLC now owns 64,687 shares of the company’s stock valued at $4,528,000 after purchasing an additional 41,946 shares during the last quarter. Finally, D.A. Davidson & CO. raised its holdings in shares of AdvisorShares Focused Equity ETF by 3.8% during the 2nd quarter. D.A. Davidson & CO. now owns 8,525 shares of the company’s stock worth $597,000 after buying an additional 311 shares in the last quarter. 7.19% of the stock is currently owned by institutional investors and hedge funds.

AdvisorShares Focused Equity ETF Stock Up 0.3%

Shares of CWS stock opened at $66.76 on Thursday. AdvisorShares Focused Equity ETF has a twelve month low of $58.36 and a twelve month high of $71.69. The company has a market cap of $176.91 million, a P/E ratio of 142.04 and a beta of 0.97. The business has a fifty day simple moving average of $68.21 and a 200 day simple moving average of $68.54.

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.