AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) Shares Down 0.4% – Time to Sell?

AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS – Get Free Report)’s stock price dropped 0.4% during mid-day trading on Thursday. The company traded as low as $58.57 and last traded at $58.4610. 38 shares changed hands during trading, a decline of 97% from the average session volume of 1,511 shares. The stock had previously closed at $58.72.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 0.4%

The firm has a market capitalization of $119.85 million, a price-to-earnings ratio of 27.28 and a beta of 1.01. The business’s fifty day moving average price is $59.13 and its 200 day moving average price is $57.53.

Hedge Funds Weigh In On AdvisorShares Dorsey Wright FSM US Core ETF

Large investors have recently modified their holdings of the business. Montanova Capital LLC purchased a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $620,334,000. Compass Financial Management LLC acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth $41,029,000. Corient Private Wealth LP acquired a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 2nd quarter worth $17,916,000. A. D. Beadell Investment Counsel Inc. purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter worth $5,249,000. Finally, Proficio Capital Partners LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF in the 2nd quarter worth $4,499,000.

About AdvisorShares Dorsey Wright FSM US Core ETF

(Get Free Report)

The AdvisorShares Dorsey Wright FSM US Core ETF (DWUS) is an exchange-traded fund that is based on the S&P 500 Managed Risk 2.0 index. The fund is an actively managed fund of funds of US large-caps that follows a proprietary rules-based momentum strategy and seeks long-term capital appreciation. DWUS was launched on Dec 26, 2019 and is managed by AdvisorShares.

Featured Stories

Receive News & Ratings for AdvisorShares Dorsey Wright FSM US Core ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AdvisorShares Dorsey Wright FSM US Core ETF and related companies with MarketBeat.com's FREE daily email newsletter.