AdvisorShares Focused Equity ETF $CWS Shares Bought by Sigma Planning Corp

Sigma Planning Corp grew its position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 442.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 18,976 shares of the company’s stock after acquiring an additional 15,481 shares during the quarter. Sigma Planning Corp owned about 0.73% of AdvisorShares Focused Equity ETF worth $1,313,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in CWS. Raymond James Financial Inc. acquired a new stake in AdvisorShares Focused Equity ETF during the second quarter worth about $86,000. Merit Financial Group LLC increased its stake in AdvisorShares Focused Equity ETF by 15.6% during the third quarter. Merit Financial Group LLC now owns 16,716 shares of the company’s stock worth $1,147,000 after acquiring an additional 2,257 shares during the last quarter. D.A. Davidson & CO. increased its stake in AdvisorShares Focused Equity ETF by 2.9% during the third quarter. D.A. Davidson & CO. now owns 8,775 shares of the company’s stock worth $602,000 after acquiring an additional 250 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its stake in AdvisorShares Focused Equity ETF by 7.7% during the third quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,503 shares of the company’s stock worth $240,000 after acquiring an additional 249 shares during the last quarter. Finally, Millstone Evans Group LLC increased its stake in AdvisorShares Focused Equity ETF by 18.0% during the third quarter. Millstone Evans Group LLC now owns 9,331 shares of the company’s stock worth $640,000 after acquiring an additional 1,424 shares during the last quarter. 7.19% of the stock is currently owned by institutional investors and hedge funds.

AdvisorShares Focused Equity ETF Price Performance

Shares of NYSEARCA:CWS opened at $68.14 on Monday. The firm has a market capitalization of $154.68 million, a PE ratio of 144.98 and a beta of 0.95. The business has a 50-day moving average of $66.99 and a two-hundred day moving average of $68.22. AdvisorShares Focused Equity ETF has a 12 month low of $63.09 and a 12 month high of $72.08.

About AdvisorShares Focused Equity ETF

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. CWS was launched on Sep 20, 2016 and is managed by AdvisorShares.