AdvisorShares Focused Equity ETF (NYSEARCA:CWS) Shares Bought by Compass Ion Advisors LLC

Compass Ion Advisors LLC lifted its position in shares of AdvisorShares Focused Equity ETF (NYSEARCA:CWS) by 52.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 4,708 shares of the company’s stock after buying an additional 1,611 shares during the quarter. Compass Ion Advisors LLC’s holdings in AdvisorShares Focused Equity ETF were worth $305,000 at the end of the most recent quarter.

Other hedge funds have also recently bought and sold shares of the company. Commonwealth Equity Services LLC lifted its stake in shares of AdvisorShares Focused Equity ETF by 14.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 3,757 shares of the company’s stock worth $243,000 after purchasing an additional 463 shares during the period. MML Investors Services LLC purchased a new stake in AdvisorShares Focused Equity ETF in the 3rd quarter valued at about $311,000. Arete Wealth Advisors LLC lifted its holdings in shares of AdvisorShares Focused Equity ETF by 63.2% during the 3rd quarter. Arete Wealth Advisors LLC now owns 5,614 shares of the company’s stock worth $384,000 after acquiring an additional 2,175 shares during the period. TrueWealth Advisors LLC boosted its position in shares of AdvisorShares Focused Equity ETF by 33.2% in the fourth quarter. TrueWealth Advisors LLC now owns 5,936 shares of the company’s stock worth $384,000 after acquiring an additional 1,478 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in AdvisorShares Focused Equity ETF in the fourth quarter valued at approximately $524,000.

AdvisorShares Focused Equity ETF Stock Up 1.1 %

NYSEARCA:CWS opened at $65.70 on Thursday. The company has a market cap of $176.73 million, a P/E ratio of 24.20 and a beta of 0.97. The firm’s 50 day moving average is $66.48 and its two-hundred day moving average is $67.74. AdvisorShares Focused Equity ETF has a fifty-two week low of $59.61 and a fifty-two week high of $71.75.

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.