Sigma Planning Corp Has $1.91 Million Holdings in AdvisorShares Focused Equity ETF $CWS

Sigma Planning Corp increased its holdings in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 55.2% during the first quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 29,460 shares of the company’s stock after acquiring an additional 10,484 shares during the quarter. Sigma Planning Corp owned about 1.30% of AdvisorShares Focused Equity ETF worth $1,908,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also bought and sold shares of CWS. Stone Wealth Partners bought a new stake in AdvisorShares Focused Equity ETF in the 4th quarter valued at about $2,329,000. Raymond James Financial Inc. raised its position in shares of AdvisorShares Focused Equity ETF by 2,262.3% in the third quarter. Raymond James Financial Inc. now owns 29,080 shares of the company’s stock valued at $1,996,000 after buying an additional 27,849 shares in the last quarter. United Advisor Group LLC acquired a new stake in shares of AdvisorShares Focused Equity ETF in the fourth quarter valued at approximately $1,374,000. Patriot Financial Group Insurance Agency LLC boosted its stake in shares of AdvisorShares Focused Equity ETF by 100.0% in the first quarter. Patriot Financial Group Insurance Agency LLC now owns 23,986 shares of the company’s stock valued at $1,553,000 after buying an additional 11,993 shares during the period. Finally, Kestra Advisory Services LLC boosted its stake in shares of AdvisorShares Focused Equity ETF by 4.7% in the fourth quarter. Kestra Advisory Services LLC now owns 96,464 shares of the company’s stock valued at $6,630,000 after buying an additional 4,365 shares during the period. Institutional investors and hedge funds own 7.19% of the company’s stock.

AdvisorShares Focused Equity ETF Price Performance

Shares of NYSEARCA:CWS opened at $68.87 on Friday. The business’s 50 day simple moving average is $67.85 and its 200 day simple moving average is $67.94. AdvisorShares Focused Equity ETF has a 1 year low of $63.09 and a 1 year high of $72.08. The company has a market capitalization of $130.85 million, a P/E ratio of 146.53 and a beta of 0.92.

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.