Montanova Capital LLC Purchases New Holdings in AdvisorShares Dorsey Wright FSM US Core ETF $DWUS

Montanova Capital LLC purchased a new position in shares of AdvisorShares Dorsey Wright FSM US Core ETF (NASDAQ:DWUS) during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 9,738,524 shares of the company’s stock, valued at approximately $620,334,000. AdvisorShares Dorsey Wright FSM US Core ETF accounts for approximately 10.3% of Montanova Capital LLC’s portfolio, making the stock its biggest holding. Montanova Capital LLC owned approximately 475.05% of AdvisorShares Dorsey Wright FSM US Core ETF as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of DWUS. A. D. Beadell Investment Counsel Inc. bought a new stake in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter worth about $5,249,000. Logan Capital Management Inc. purchased a new stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF during the 4th quarter worth approximately $434,000. Osaic Holdings Inc. increased its stake in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 1.6% during the 4th quarter. Osaic Holdings Inc. now owns 410,508 shares of the company’s stock worth $22,257,000 after purchasing an additional 6,421 shares during the last quarter. MML Investors Services LLC raised its holdings in shares of AdvisorShares Dorsey Wright FSM US Core ETF by 21.7% in the 4th quarter. MML Investors Services LLC now owns 32,283 shares of the company’s stock worth $1,750,000 after purchasing an additional 5,767 shares during the period. Finally, Raymond James Financial Inc. purchased a new position in AdvisorShares Dorsey Wright FSM US Core ETF in the second quarter valued at approximately $141,000.

AdvisorShares Dorsey Wright FSM US Core ETF Trading Down 0.4%

Shares of NASDAQ DWUS opened at $59.57 on Tuesday. The stock has a fifty day simple moving average of $59.96 and a two-hundred day simple moving average of $57.49. AdvisorShares Dorsey Wright FSM US Core ETF has a 1-year low of $49.38 and a 1-year high of $63.93. The firm has a market cap of $122.12 million, a price-to-earnings ratio of 27.28 and a beta of 1.01.

AdvisorShares Dorsey Wright FSM US Core ETF Profile

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.